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SilverCloud Touts 2010-11 Growth

SilverCloud Inc. said it ended its 10th fiscal year on June 30 with a 44% growth in revenue from the year before and the addition of 43 more credit unions to the list of users of its member experience software.

The Portsmouth, N.H., company was founded in 2001 and said it now has 230 credit unions using its knowledge management solutions to serve members in call centers, online and in branches.

The 43 signings in fiscal 2010-11 included credit unions ranging in size from $49 million to $5 billion, including 12 of more than $1 billion in assets, said SilverCloud CEO Scott Cornell. He said the fiscal year’s revenue growth was the company’s best so far.

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