White-label online video platform Fliqz says it has started out the year strong with a slew of customer wins and is riding a string of 12 consecutive quarters of quarter-over-quarter growth.
Fliqz CEO Benjamin Wayne said the company has signed 75 new customers since the beginning of the year and called January the company's "best month ever."
"We've seen tremendous growth so far this year," Wayne told FierceOnlineVideo. "A lot of it has been driven by the big success of our video SEO product."
Fliqz's new client list includes Shelby American, which makes and sells performance vehicles and related products, The Leading Hotels of the World, a hospitality organization that represents more than 450 luxury hotels, resorts and spas, Bally Technologies, Inc., Zip Realty, LA Magazine, Survey Sampling International, the American Society of Baking, and the Alliance for Digital Equality.
"While online video was initially embraced by a handful of global media companies, the next stage of growth will be almost entirely fueled by marketing spend," Wayne said. "As a result, video adoption is cutting a wide swath, with the greatest cumulative spend occurring in the mid-market."
Wayne said the Fliqz is well positioned for the market, specifically with it SEO experience.
"Companies have woken up to the marketing and SEO potential of video," said Wayne. "Wherever a marketing budget exists, we're going to see video adoption."
Wayne said customer growth was pushing the company's bottom line.
"Are we cash flow positive? If you measure that by the ways in which a lot of other companies measure cash flow, yes," he said chuckling. "In real world terms? Not yet. But it's coming. We're seeing more demand for what Fliqz can deliver to the market and we are on a steady path toward growth."
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