Vendio Named to Silicon Valley/San Jose Business Journal's Top 50 Fastest-Growing Companies List
The designation is given to the fastest-growing private companies in Silicon Valley, as a result of its strong revenue and percentage of growth over a three-year period from 2005 to 2007
SAN MATEO, Calif. October 8, 2008 — Vendio Services, Inc., provider of the leading on-demand eCommerce platform for small and medium-sized businesses, today announced it has been chosen by Silicon Valley/San Jose Business Journal as one of the "Fast 50"-a designation given to the fastest-growing private companies in Silicon Valley, as a result of its strong revenue and percentage of growth over a three-year period from 2005 to 2007.
"We are honored to have been selected as one of the "Fast 50" by the Silicon Valley/San Jose Business Journal," said Rodrigo Sales, co-founder and CEO at Vendio Services. "This award is especially important, given the competitive peer group in the Silicon Valley. It is also testament to the hard work and dedication of our entire team."
Vendio's continued success is a result of understanding and addressing the ever-changing needs of online merchants. As these merchants become more sophisticated and branch out into more and more sales channels, the applications they use to sell must rise to the challenge. It is the ability to enable business to shift from 'online seller' into 'multi-channel merchant' that drives Vendio's innovation and growth.
Vendio Services, Inc. helps merchants acquire customers and manage transactions online. Vendio has grown from one of eBay's first developer partners into an award-winning innovator across the Web's leading marketplaces, recently celebrating its fifth continuous year of profitable growth.
About Vendio
Vendio is a leader in eCommerce, providing hosted software-as-a-service (SAAS) solutions for merchants. Vendio's consumer offering, Dealio, is one of the top Web 2.0 shopping sites providing coupons, comparison shopping, and user generated deals. Dealio is a direct descendant of Auctionwatch, Vendio’s pioneering comparison shopping search engine for auctions created in 1998. Today Dealio provides some of the best bargains and product depth of any shopping site by leveraging the thousands of stores hosted by Vendio.Vendio was founded in January, 1999 and is the independent leader in multi-channel online sales. Each year, tens of thousands of merchants use Vendio's sales management and merchandising services to sell over $1.6 billion of merchandise on both their own branded stores as well as the Web's leading marketplaces such as eBay. Vendio is a profitable Silicon Valley startup which acquired the assets of long time competitor Andale in 2006. The company is headquartered in San Mateo, CA with offices in Bucharest, Romania and Bangalore, India. Vendio is backed by Lighthouse Capital Partners and MVC Capital.
Vendio and Dealio are trademarks of Vendio Services, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.
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