US based SuccessFactors places European head office in Denmark  

2006.10.16
San Francisco based IT company SuccessFactors has chosen Denmark as the location for its European head office
San Francisco based SuccessFactors, a supplier of on-demand web-based performance and talent management solutions, has chosen Denmark as the location for its European head office. Its current Danish office, which opened in Copenhagen 12 months ago, will be expanded considerably.
 
Lars Dalgaard, the founder and managing director of SuccessFactors, says: "I expect that we will have more than 100 people over the next 18 months, and anticipate that Europe will account for 40% of our revenues in the future." The firm plans to move into premises at the IT University in Ørestad, Copenhagen's new high tech urban enterprise zone, which is under active development.
 
SuccessFactors was founded in 2001 and employs about 400 people. The firm has grown from having 300 customers and 1 million users at the end of 2005 to almost 1,000 customers and over 2 million users in 139 countries, across 40 industries. Customers include MasterCard Worldwide, British Telecom, Reebok and Grant Thornton. The news was reported by national daily newspaper Berlingske Tidende and on SucessFactors' website.
 
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