King of Prussia life sciences Sharepoint provider NextDocs 'hiring nonstop'
NextDocs has probably quadrupled in the last two years, according to CEO and co-founder Zikria Syed, who says the company, a Microsoft SharePointpartner, is now in a period of 60 percent year over year growth. “We have 100 people now. In 12 months we’ll employ 160.”
As a result, King of Prussia based NextDocs is in a hiring way, and jobs are available throughout the entire organization, from technology and customer support to sales and marketing. NextDocs is also growing geographically, with a new office in Portland, Oregon to cover west coast operations. The company already has a presence in Western Europe and Canada, and in the next few weeks, will open another office in Japan.
When asked how many people NextDocs is hiring, Syed responds, “We’re hiring nonstop. It’s hard to tell. New people start literally every day. We are only limited by our ability to find people quickly enough.”
In the past three years, the company has grown more than 3,000 percent; at the end of fiscal year 2010, it reported $9.8 million in revenue, and it projects 2011 annual figures at $15 million. NextDocs just received $10.3 million in Series A financing from OpenView Venture Partners.
The company, which has garnered best in class status in just five years, was founded by Syed and CTO Matt Walz in 2006. Both had been at Microsoft. “Essentially we are a technology company. We’re focused on document quality management.” When NextDocs began in the basement of Syed’s home, it was in response to a lack of existing solutions for compliance and quality management.
Syed defines NextDoc’s relationship with Microsoft as the software giant’s go to market partner for life sciences, pharma, medical devices and biotech. He says that the recent $10.3 million injection will go to three areas: first, further investment in solutions and products; second, geographical expansion, and third, a deeper investment in customer support.