Magnolia International, the company behind the open Java CMS, Magnolia, today announced its record global growth. Magnolia has doubled global revenue since 2012. This growth was a result of significant sales increases in all Magnolia offices. Worldwide headcount has also doubled during this period. Additionally, Magnolia announced key additions to the executive management team, adding a Chief Financial Officer and Chief Marketing Officer.
In 2013 alone, Magnolia's global customer base grew by 25%. The U.S. market is the fastest growing market, accounting for 30% of new licenses in 2013. U.S.-based customers include Nissan, Virgin America, Abbott Diabetes, US Navy, and Vision Service Plan.
Magnolia's revenue and client growth has spurred additional global expansion in Beijing, and satellite offices in Gothenburg and Helsinki. Office expansion and additional headcount is occurring in every office, including Miami, U.S., Madrid, Spain and Kromeriz, Czech Republic. Due to this record growth, Magnolia will soon run out of space in the current Basel, Switzerland headquarters. The company is building a new headquarters in Basel, with move-in scheduled summer 2015.
Magnolia Adds New CMO & CFO to Executive Team
Magnolia also announced two key hires, with Christopher Justice coming on as Chief Marketing Officer and Alain Kugelmann as Chief Financial Officer. Justice, a serial entrepreneur and advisor to multiple U.S. tech startups, has designed, developed and marketed enterprise software and content management solutions since 1996 with Computer Associates, IBM, Vignette, and with the United States Securities and Exchange Commission (SEC). He will champion Magnolia's brand through effective marketing, community management and technical communications.
