News & Events

Schenectady, NY – July 31, 2014 – Transfinder, a software company based in Schenectady, N.Y., achieved record revenue for the first half of 2014. 

Total sales were up 23 percent year-over-year for the first six months ended June 30, 2014. President and CEO Antonio Civitella said he expected Transfinder to beat last year’s record-revenue mark of $8.6 million, adding that the company was poised to surpass $10 million in revenue for the year. 2013 marked the 14^th consecutive record-breaking year. 

“Everyone in the company is committed to delivering the best possible service to clients as quickly and thoroughly as possible,” Civitella said. “It’s our industry-leading service makes us stand out above everyone else.” 

Driving overall revenue growth for the first half of 2014 was sales to existing clients, which increased 43 percent year-over year. 

Other highlights:

• 105 new customers, with more than 50 percent leaving competitors’ products for Transfinder;
• Expanded customer base beyond school districts to include the Center for Disability Services;
• Record attendance for its Annual Client Summit, which was held in Albany, N.Y., in May. More than 210 people from 33 states, Canada and the UK.

Civitella said he was pleased by the results for the first six months of 2014, noting that he presented his sales team with lofty expectations that they not only met but surpassed.