|By Business Wire||
|August 22, 2012 08:02 AM EDT||
Inc. magazine ranked Bronto Software no. 1272 on its sixth 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. 107 in the software category and no. 3 among software companies in NC.
Bronto CEO, Joe Colopy, noted, "We're happy to again be included on this exclusive list of fast-growing companies. We're excited about the fact that we are able to welcome many new clients and grow our team, all the while remaining focused on driving revenue for our retailer clients with our marketing platform and services."
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.
Bronto’s strong growth trajectory was clearly evident in 2011, with a 54% increase in revenue over 2010 and team growth of 40%. As a four-time honoree on the Inc. 5000 list, Bronto has shown impressive 3-year growth of 243%, with revenue increasing from $5 million in 2008 to $17.2 million in 2011.
"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.
Complete results of the Inc. 5000, including company profiles and an interactive database, can be found at www.inc.com/5000. Bronto Software’s Inc. 5000 listing can be found at www.inc.com/inc5000/profile/bronto-software.
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.
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 www.inc.com.
About Bronto Software
Bronto Software provides solutions for retailers and other commerce-focused companies to drive revenue through targeted email and cross-channel marketing. More than 1000 organizations worldwide, including Party City, Armani Exchange, Timex, Samsonite and Trek Bikes rely on Bronto's software and services to fuel customer engagement and sales. Bronto is a five-time finalist and two-time winner of the Stevie Award for Best Customer Service, was named a CODiE Award Finalist for Best Marketing Solution in 2011 and 2012 and is one of Inc. Magazine’s fastest growing companies. Bronto is headquartered in Durham, NC with an office in London. For more information, visit bronto.com.