Surge has grown over 700% in the past three years without taking a single penny of investment money.
Seattle, WA (PRWEB) September 18, 2012
Surge, a US-Based Software Development and Consulting firm, announced today it had made Inc. magazine’s annual list of the 500/5000 fastest-growing companies in America. Inc. ranked Surge number 530 on its 31st annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. This ranking places Surge #45 out of all Software Companies, and #11 of all companies in the Greater-Seattle Area. Members of this year’s list include the most innovative and successful companies in the country. This is Surge’s first year of eligibility for this elite ranking.
“It is an honor to be recognized as one of America’s fastest growing companies,” said Matt MacKay, CEO of Surge. “Surge has grown over 700% during the past three years without taking a single penny of investment money. I attribute our rapid growth and loyal customer base to our amazing team of 40+ employees who consistently perform at the highest levels.”
Over the past three years, Surge has grown 727%, including going from five to 40 employees. This tremendous growth is attributed to Surge consistently delivering innovative custom software solutions, combining robust and highly-scalable architecture with exceptional end-user experiences.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
“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. magazine Editor Eric Schurenberg.
Surge plans to continue its impressive growth with a number of new projects, ranging from custom software solutions for several Fortune-100 companies, to the release of Surge’s first product, Surge Hub, a tablet-based mobile sales force automation and presentation platform.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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.
Surge is a leading software development & consulting firm specializing in web, cloud, SaaS, RIA, mobile, tablet, and integration solutions. Founded in 2007 and headquartered in the Seattle area with satellite offices around the US and Canada, Surge has successfully delivered cutting-edge web and mobile software solutions to hundreds of clients in a variety of industries. For more information visit http://www.SurgeForward.com.