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Inc. Magazine Unveils Its Fourth Annual Exclusive List of America’s Fastest-Growing Private Companies-the Inc. 5000; eSilo Ranks No. 1,453 on the 2010 Inc. 5000 with Three-Year Sales Growth of 198%
Jupiter, Fla. August 25, 2010 — (Business Wire) — Inc. magazine today ranked eSilo No. 1,453 on its fourth annual Inc. 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-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
eSilo offers online data backup, storage and data management services to individuals and corporations. SiloSphere, eSilo’s flagship enterprise-class product, is scheduled to be released in October 2010.
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 on www.inc.com/5000
The Inc. 5000 at a Glance
About Inc. Magazine
About eSilo, LLC
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