SAN BRUNO, CALIF, May 03, 2018 (GLOBE NEWSWIRE) -- Dynamic Signal, the leading Employee Communication and Engagement platform, was recognized as one of the 50 Highest Rated Private Cloud Computing Companies To Work For in a new list released by Battery Ventures, a global investment firm, and Glassdoor, one of the world’s largest job and recruiting sites. The list highlights 50 independent, private companies—all business-to-business cloud companies--where employees report the highest levels of satisfaction at work, according to employee feedback shared on Glassdoor.
The distinction placed Dynamic Signal at number 31 (out of 50 total) with an overall company rating of 4.5. The broader average across Glassdoor is 3.4. Dynamic Signal’s CEO Russ Fradin boasts a 98% approval rating on Glassdoor—compared to an average of 69% for all 770,000 employers on the site--and the company has a 89 percent positive business-outlook rating, again based on feedback shared by employees. The broader Glassdoor average is 48%. A positive business outlook means employees believe business will improve in the next six months.
“Since we first partnered with Glassdoor to compile this list in 2016, the cloud has only grown in influence and market power,” said Neeraj Agrawal, a Battery general partner who specializes in cloud investing. “It was also significantly tougher to make the list this year, with companies requiring a higher Glassdoor rating to make the cut—showing that companies can’t rest when it comes to focusing on culture and employee happiness.” This year’s private-list cutoff was a rating of 4.4, compared to 4.1 on the prior list. Battery and Glassdoor also released a similar list of the 25 Highest-Rated Public Cloud Computing Companies to Work For.
More broadly, “we view these rankings as a key indicator of company health and potential growth,” said Agrawal, who will discuss the lists and their implications at this week’s CloudNY conference, a high-profile, invite-only event for cloud founders and CEOs. Agrawal also serves on the board of Glassdoor. A Glassdoor economic research study, as well as other third party studies, also show that companies with high employee satisfaction often post stronger financial performance.
“As a technology company that is leading the Employee Communication and Engagement category, building an aligned workforce that feels informed, valued and connected is of paramount importance to us. We’re absolutely honored with this distinction as it comes from our biggest asset - our employees,” said Dynamic Signal CEO and co-founder, Russ Fradin. “We have a people-first mantra, and as CEO it’s a great feeling knowing our employees feel proud of where they work. Our internal culture is a direct reflection of Dynamic Signal’s values and our larger mission to modernize, streamline, and measure communication for meaningful business impact.”
Glassdoor noted that employees at these highly rated companies commonly mention in online reviews that they enjoy working for mission-driven companies with strong and unique company cultures; employers that promote transparency; and companies with experienced senior leaders who regularly and clearly communicate with employees. For instance, according to one anonymous employee review of Dynamic Signal on Glassdoor:
“Everyone here is hardworking, intelligent, and collaborative. On top of all the benefits we receive, work-life balance is sewed into the culture of the company and employees are encouraged to take time off when needed. The executive team has a track record of launching successful companies, and the majority of employees here see and believe in the company's success. Additionally, the executive team is transparent, and makes smart decisions investing their funds in more talent and employee benefits.”
Views contained herein are for informational purposes only and should neither be considered investment advice nor construed or used as an offer and/or recommendation to buy or sell a security.
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About Dynamic Signal
Dynamic Signal, the Employee Communication and Engagement Platform, connects organizations with their most valued asset – their employees. Hundreds of enterprise organizations, including more than 20 percent of the Fortune 100, trust Dynamic Signal to modernize, streamline, and measure their communication and engagement with one platform to reach all employees, wherever they work. The Dynamic Signal Platform integrates with existing systems such as Microsoft’s SharePoint and Active Directory, Workday and Oracle HCM. Dynamic Signal aligns organizations and increases productivity by delivering timely, relevant information to millions of employees around the world.
About Battery Ventures
Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London and Israel. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.
About CloudNY
CloudNY is the premier, invite-only conference for the CEOs of breakout cloud and SaaS (software-as-a-service) companies. Co-hosted by Battery Ventures and FirstMark, CloudNY is focused on offering founders and CEOs of private companies battle-tested advice to help them scale their teams and grow revenues to $100 million and beyond. This year’s event will be held May 3 in New York. Current and past speakers at CloudNY include founders and CEOs from MongoDB, Coupa*, Zendesk, Twillio, Splunk*, Stripe, Netsuite, Veeva and other high-profile cloud enterprises. For more information, please visit www.cloudny.com.
*By a company name, denotes a Battery investment. For a full list of all Battery investments and exits, please click here.