Bulldog Solutions recently announced that we have raised $5 million in investments from SSM Partners, to fuel Bulldog Solutions growth and emergence in the marketplace. This is an exciting transition point for us. When we started the company, we focused very hard on building upon our early successes, re-investing our revenue into growth, and building the company out of cash flow.
As anyone who’s ever owned or been a part of a high-growth company (Bulldog has doubled every year) knows, doing it out of cash flow is tough. But that toughness forces you to be smart, to be agile, and to be creative. We reached a point last year where we fully understood the market opportunity, and could see that this type of growth created too much opportunity cost, and that the larger window of opportunity was too big to grow this way.
We’re spending a lot of time contemplating the next steps in our company’s evolution. Bulldog is in the midst of many market trends, the expansion of online marketing, new media, enterprise marketing sophistication, webinars, podcasts, rich media - you name it. Sometimes we get “strategic overload” as there are so many opportunites all hitting at the same time.
We are planning on infusing new talent to our mangement, director, and staff levels. We are planning new product releases, entries into new markets, and engaging in new strategic relationships. On the other hand, we’re carefully looking in the mirror, and using this as an opportunity to catch up, and shoree up, our organization, as the fast-paced growth of the last four years has left us with some catch up to be done.
Lasty, we want to keep the very things that got us here - being smart, agile, and creative, that originated from thinking and planning our moves and strategies carefully, as a hold over value for this step and the many ahead of us. In any case, we couldn’t be more excited about this period for our company, and are looking forward to an exciting future.
Todd Davison
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