Livingston, N.J. (PRWEB) August 21, 2012
Phone.com has been recognized by Inc. Magazine at number 262 in their 2012 Inc. 500 list, an exclusive ranking of the fastest-growing privately-held companies in America. This is considered a hallmark of entrepreneurial success with past members of the list including Intuit, Zappos, Under Armour, Jamba Juice, Timberland, Patagonia and Zipcar.
“Phone.com is a cloud-based phone service targeting small businesses, entrepreneurs and sole proprietors. We are honored and humbled that we have made the list of this prestigious exclusive group of companies,” said Ari Rabban, CEO & CO-founder of Phone.com. “The phone service market is extremely competitive and yet still very exciting. Growth in our industry and Phone.com specifically is based on innovative services incorporating new technologies and new developments. We look forward to continuing to serve our growing and loyal customer base with an eye towards innovation, quality and value.”
The 2012 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, Phone.com had to have achieved a staggering minimum of 770% in sales growth. The Inc. 500’ s aggregate revenue is $15.7 billion, with the combined companies employing more than 48,000 people and having generated over 40,000 jobs during the past three years.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com. A complete list will also be featured in Inc.‘s September issue, which is available on newsstands now.