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Online Backup Provider Ranks No. 1 in IT Services and Boston-based Businesses
NEW YORK, NY, Aug. 24, 2010 — /BackupReview.info/ –Â Inc. magazine today rankedÂ Carbonite No. 9 on its 29th annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. Â The list represents the most comprehensive look at the most important segment of the economyâ€”America’s independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Zipcar,Â Clif Bar, American Apparel, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” saidÂ Inc. editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times.”
Along with an overall No. 9 ranking in the Inc. 500, Carbonite also secured a No. 1 ranking in the IT Services category and a No. 1 ranking amongÂ Boston-based businesses for the 2010 Inc. 500. The company launched its online backup service in 2006 and has raised more thanÂ $76 million in several rounds of venture financing.
“When my business partner,Â Jeff Flowers, and I decided to start an online backup company after his wife’s laptop was stolen, we never dreamt it would grow so rapidly,” saidÂ David Friend, CEO and co-founder of Carbonite. “We’re thankful for our team and all of our customers who believed in our simple and secure online backup service. Â It is an honor to be ranked No. 1 within the IT services category andÂ Boston-based businesses, and No. 9 amongst all privately-held American businesses.”
Today’s Inc. 500 rankings are the latest in a string of accolades Carbonite has received in 2010, including:
Several members of the Carbonite executive team have been honored recently as well.
The 2010 Inc. 500, unveiled in the September issue ofÂ Inc. magazine (available on newsstandsÂ August 24 to November 16 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year’s crop. Aggregate revenue is $11.3 billionâ€”down from last year’sÂ $18.4 billionâ€”but median three-year growth is 1,231 percent, substantially up from last year’s 880.5 percent. The companies on this year’s list employ more than 45,000 people. 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 Inc.com/500.
The Carbonite mission is to provide a simple, affordable, and secure backup solution for the mainstream computer user. Â Carbonite supports both the Windows and Mac platforms. Â Carbonite is available directly atÂ www.carbonite.com, and through international distributors. Â For more information, please visitÂ www.carbonite.com, or follow us atÂ twitter.com/carbonite and facebook.com/CarboniteOnlineBackup.
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