Durham, N.C. (PRWEB) August 23, 2013
Inc. Magazine announced on Tuesday that Bronto Software is ranked No. 1702 on its seventh annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Bronto Software ranks No. 136 in the software category and No. 3 among software companies in NC.
“We are thrilled to be named one of the fastest growing private companies for five years in a row,” said Joe Colopy, Bronto Software CEO. “E-Commerce continues to grow at an incredible rate, and Bronto’s high growth is a testament to our focus on providing solutions that help commerce marketers drive revenue.”
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
Bronto continues to expand, boasting a three-year growth of 228 percent and increasing revenue from $6.6 million in 2009 to $21.6 million in 2012.
"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” said Inc. Editor Eric Schurenberg.
Complete results of the Inc. 5000, including company profiles and an interactive database, can be found at http://www.inc.com/5000. Bronto Software’s Inc. 5000 listing can be found at http://www.inc.com/inc5000/profile/bronto-software.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.
About Bronto Software
Bronto Software provides a cloud-based marketing platform for retailers to drive revenue through their email, mobile and social campaigns. The platform is used by over 1000 organizations worldwide, including Armani Exchange, Timex, Samsonite and Gander Mountain. Bronto is listed as the leading self-service email marketing provider to the Internet Retailer Top 1000. The company is headquartered in Durham, NC with an office in London, UK. For more information, visit bronto.com.