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ITProTV Announces Q2 ResultsGAINESVILLE, Fla., July 17, 2018 /PRNewswire/ -- ITProTV, the home of binge-worthy learning™ for IT professionals and the fastest growing online learning membership platform, announced its Q2 results today, including data on revenue growth and an update to its app for iOS and tvOS.
Continuing its focus on growing enterprise sales, ITProTV grew Q2 2018 revenue from enterprise memberships by 94% over Q2 2017. The B2B revenue for 2018 to date has already exceeded B2B revenue for all of 2017. "We've reached the half year mark with a 113% increase in B2B business over the same period in 2017," Tim Broom, CEO of ITProTV, said. "The team is working diligently towards our annual financial goals and our '20/20 vision' to reach $50 million in revenue by 2020." The company also released update to the ITProTV app for iOS and tvOS. The update includes a new interfac, and a 'recently watched' view for added convenience. Mobile users can watch in landscape mode with the update. Non-members who download the app gain access to select content and can purchase a membership. "ITProTV members love our training content, but version 1.0 of the iOS and tvOS apps were not meeting their needs," Broom said. "This updated app is an example of listening to members and providing the experience that helps them be lifelong learners." In just under five years in business, ITProTV is experiencing triple digit growth as the company sets records for revenue, new members, and new enterprise memberships for its primary offering of IT training. ITProTV plans to nearly double revenue over 2017 while disrupting the eLearning market with an affordable, engaging alternative to giants such as LinkedIn Learning, CBT Nuggets and Pluralsight. The company has been bootstrapped to date, but is currently engaging with multiple growth equity firms for a possible relationship. ABOUT ITProTV ITProTV is an online membership platform addressing the global IT skills gap by delivering binge-worthy learning™ to train IT professionals in every stage of their careers. ITProTV turns IT education into a conversation that connects learners to experts and each other. With new content added daily, IT pros can access 4,000+ hours of content, plus practice exams and virtual labs, and be a part of an IT community. ITProTV offers flexible and cost-effective membership options for both corporate teams and individual learners who can learn at their own pace wherever it is most convenient. Learn more at www.itpro.tv. CONTACT: Valerie Riley, [email protected] (352) 389-5528
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