Business
Veritone Enters 2022 with Q1 Award Wins, Building on Its Record 2021 Financial Growth
Q1 Awards included Best Outlook, Best Places to Work, Team Awards and Solution Awards Earned by Veritone DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ:
About this update from Veritone, Inc.
[{"type":"text","content":"\nQ1 Awards included Best Outlook, Best Places to Work, Team Awards and Solution Awards Earned by Veritone\n\n DENVER--(BUSINESS WIRE)--\nVeritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI platform, today announced a series of high-impact achievements for Q1 2022 including recent award wins and enhancements to company culture and leadership. As reported on March 3, 2022, Veritone ended 2021 with 100 percent year-over-year revenue growth, over $185 million in unencumbered cash and a profitable business on a non-GAAP basis, Veritone has the business momentum and financial leverage to extend its growth into 2022 and beyond.\n\n“2021 was our best year financially, but more importantly we are seeing incredible synergies and alignment with our customers, partners and employees,” said Ryan Steelberg co-founder and president of Veritone. “We have accelerated and scaled strategic relationships with important partners like Deloitte, Microsoft and the U.S. Federal government. We are also seeing our established leadership within the sports, media and entertainment industries open new opportunities for growth globally and in more immersive markets. Veritone’s customers are addressing some of the most critical challenges facing the world today, and we are proud to be recognized as part of their solutions.”\n\nRecent first quarter award wins include:\n\n\nComparably - Out of tens of thousands of companies considered, Veritone won three Comparably Awards for Q1 2022: Best Company Outlook, Best Places to Work in Los Angeles and Best Marketing Teams. Comparably is one of the most used SaaS platforms for employer branding and a trusted third-party site for workplace culture and compensation. Unlike other workplace awards, there is no self-nomination process or costs involved. Winners are selected each quarter and determined based on feedback provided by those who know a company best: the employees.\n\nComparably CEO Jason Nazar said: “We’re committed to making workplaces more transparent and rewarding for both employees and employers, and there’s no better way than giving a voice to the people. Veritone's three significant Comparably award wins demonstrate a supportive, vision-driven leadership. Its mission to democratize artificial intelligence and build a safer, more vibrant, transparent and empowered society is mi...