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CrownPeak, a player in the Web content management field, announced significant growth in the third quarter of 2008. The company reports that the company’s record growth was fueled by positive expansion of the overall Software-as-a-Service (SaaS) industry.

In addition to the record quarter-over-quarter growth, CrownPeak has announced new high-profile clients that are utilizing CrownPeak CMS for their Website deployment and extranet solutions. To compliment new projects from new customers, CrownPeak has also seen growth from being able to add new projects from existing clients as well.

As a part of its new SaaS endeavor, the company has hired Chris Taylor, VP of Professional Services. Taylor complements CrownPeak with experience in technology, software and technology professional services. CrownPeak hopes the new hire will help further expand their business from their software services group.

In an economic environment where enterprises are looking to effectively manage their technology spending, SaaS solutions providers such as CrownPeak will further gain from the opportunities they present to their clients.

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CrownPeak: SaaS Model Helped With Record Growth

In addition to recently wowing the CMS world by giving away a f*ree edition of its records management module, SpringCM just released version 4.5 of its SaaS Enterprise Content Management System.

The new release, while heavily focused on process management, also includes enhancements designed to improve document-centric processing and the SpringCM user experience.

SpringCM v4.5: ECM With Better Process Management

CrownPeak, a Gold sponsor of the Gilbane Conference that starts tomorrow in San Francisco, has announced some major new features for its web content management system that should make both developers and end-users as excited as a school boy in a comic shop.

This new set of features includes support for Microsoft developers, better file management and improved web analytics with the flavor of Web 2.0.

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CrownPeak Integrates with Visual Studio, Adds Mashup Support

CrownPeak has a little more money in their pocket these days. They have just secured US$ 6m in funding from a second round of venture capital financing bringing the total raised to US$ 10.25m. What are they going to do with all the cash?

The second round brought out a new firm, SunAmerica Ventures, to sit alongside their existing investors - Sigma Partners and Altos Ventures. Troy Fukumoto from SunAmerica will join the CrownPeak board which already has a member from each of the other major investment companies.

So what exactly is a web content management vendor who provides their software as a service going to do with all that money? Well, CrownPeak isn’t being explicit about the details, only saying it will be used to accelerate new product development initiatives and spend more money on marketing. It’s all about “customer value” they say.

In February, CrownPeak came out with their content management SaaS offering. In January they announced integrated support for Google’s Open Social. So maybe we’ll be seeing more of a foray into social computing capabilities in their software, especially in the SaaS version of their software.

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A Sunny Day in America for CrownPeak