Wichita, KS (PRWEB) August 25, 2010
Inc. Magazine (http://www.inc.com ) today recognized overstockArt.com (http://www.overstockArt.com) as one of the nation’s fastest-growing private companies. The Wichita-based online art gallery ranked 1,106th on the 2010 Inc. 500|5000 list.
overstockArt.com also ranked 55th out of multitude of companies representing the retail sector. The company’s 271% growth rate from the past three years was one of the largest contributing factors to its high ranking. This is overstockArt.com’s first appearance on the prestigious list.
“We are incredibly honored to be recognized among the nation’s elite private companies,” said Sasson. “overstockArt.com’s growth is directly attributable to the talent and commitment of our team, the high quality of our art and the degree of confidence customers have as they shop with us.”
Co-founded by David Sasson and Amit Yaari in 2002, overstockArt.com began as a small home-based business with only a handful of unframed oil paintings to choose from. Today, overstockArt.com is one of the web’s most successful online art galleries. Headquartered in Wichita, Kan., the company has more than 20 employees in 3 continents. overstockArt.com offers the most comprehensive selection of oil paintings and frames to choose from in the online oil painting industry - currently more than 100,000 decorating combinations - including works by Van Gogh, Monet, Picasso, Renoir, Klimt, O’Keeffe, Munch, Dali and much more.
As an Inc. 5000 honoree, overstockArt.com shares a prestigious pedigree with such notable alumni as Intuit,
Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Visa, Clif Bar, Patagonia, Oracle, and scores of
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth from 2006 through 2009. To qualify, companies must have been founded and generating revenue by the first week of 2006, and be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.