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Ottawa Business Journal - Technology

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Halogen touts 38% revenue increase in third quarter

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Published on November 5, 2010; Published on November 5, 2010
OBJ Staff Ottawa Business Journal

Ottawa's Halogen Software finished its third quarter of 2010 with "significant market momentum" and a 38 per cent revenue increase in annual recurring revenue, according to a release by the firm.

The company, which is privately owned, only released selected financial parameters, focusing on its new customer wins and recognition at the HR Technology Conference in September.

New customers the firm added include IMAX Corp., LinkedIn Corp., U.S. Court Services and Baltimore Life Insurance.

In addition, Halogen released two new products for public sector and hospitality organizations.

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