Interactive Intelligence Loss Narrows

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The company was founded in 1994 and went public five years later. The company was founded in 1994 and went public five years later.

Indianapolis-based Interactive Intelligence Group Inc. (Nasdaq: ININ) is reporting net loss of $21.8 million in 2015, compared with a $41.4 million loss the previous year. Chief Executive Officer Donald Brown says the company is moving into its next chapter with its PureCloud services growing in the fourth quarter.

The company is also reporting a fourth quarter 2015 net loss of $3.5 million, compared with a net loss of $29.9 million during the same period in 2014.

"The fourth quarter marked the start of the next chapter in our company’s history, as two dozen organizations are now paying PureCloud customers," said Brown. "Looking forward, we’re focused on becoming a high-velocity cloud company, not only developing new technology at a faster pace, but also accelerating every aspect of our go-to-market and delivery processes to optimize the opportunity in front of us. We’ll continue to work to strengthen our position as the only provider of world-class customer engagement technology for multi-tenant cloud, private cloud, and on-premises implementations."

In November, Interactive Intelligence was named to the annual Software 500.

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