WAYNE, Pa.--(BUSINESS WIRE)--Evolve IP, The Cloud Services Company™, today announced that Inc. magazine ranked it as #321 on its 31st annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. The list will be unveiled in the September issue of Inc.
To earn its place on the list, Evolve IP achieved 1,171 percent sales growth over the last three years. Founded in 2007, Evolve IP’s proprietary, single-source cloud solution enables services such as virtualization and unified communications in one environment and has brought approximately 700 organizations to the cloud. As a member of the Inc. 500, Evolve IP joins technology pioneers such as Microsoft, Intuit, Oracle, and many others that gained early exposure on the Inc. 500|5000.
“Our inclusion on the Inc. 500 is a tribute to the talented and dedicated employees at Evolve IP and a milestone that validates our success in providing single-source cloud services to the business community,” said Thomas Gravina, Chairman, Chief Executive Officer, and Co-Founder at Evolve IP. “Organizations of all sizes have recognized that the cloud provides more advanced IT features while also eliminating costs. At Evolve IP, we’re committed to providing the best cloud services on a unified and integrated platform. And that’s the key to our rapid growth.”
The companies on this year's Inc. 500 employ more than 48,000 people and generated over 40,000 jobs in the past three years. Complete results of the Inc. 500, 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/500.
“Now, more than ever, we depend on Inc. 500 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Inc. magazine Editor Eric Schurenberg.
About Evolve IP
Evolve IP, The Cloud Services Company™, provides organizations with a unified, integrated cloud platform on which to migrate all or selected IT services. Utilizing Evolve IP’s geographically redundant data centers, the customer’s applications (Email, Office, Unified Communications, and Call Center) and infrastructure (servers, desktops, network, and phones) are securely hosted, accessed, and managed together. By leveraging Evolve IP’s proprietary single-source cloud solution, customers eliminate the issues and risks stemming from managing multiple vendors, legacy systems, and disparate cloud offerings. Evolve IP’s award-winning products enable customers to upgrade legacy systems while reducing costs, accomplish more with better features and increase stability and control. Visit www.EvolveIP.net or http://blog.evolveip.net.
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/.
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 www.inc.com/500.