Axcient Makes Inc. 500 List of America’s Fastest Growing Companies
With Three-Year Sales Growth of 2,462%, Axcient Ranks 7th Fastest Growing Company in Silicon Valley
MOUNTAIN VIEW, Calif., August 29, 2012 -- Axcient, the leading provider of cloud-based data and application protection and uptime solutions for the small and mid-sized business (SMB) market, has been recognized as one of the 500 fastest growing companies in the nation, according to Inc. magazine. The company is also the 4th fastest growing private company in the San Jose Metro, the 7th fastest growing company in Silicon Valley and the 7th fastest growing among all IT services companies nationwide. Overall, Axcient was ranked No. 129 in the nation on the Inc. 500|5000 list, which represents the most comprehensive look at America’s independent entrepreneurs.
"Being named to the Inc. 500 list reflects the enormous growth that Axcient has achieved over the last three years and is a testament to the fact that Axcient is solving a major problem for businesses – that traditional backup and disaster recovery solutions are no longer adequate in today’s world,” said Axcient CEO Justin Moore. “With Axcient’s cloud platform, businesses have access to far more than traditional backup. Axcient makes it easy for businesses to store, protect and access all of their information and systems at anytime, and in so doing eliminate IT downtime and maximize productivity.”
The 2012 Inc. 500|5000 list ranks companies according to percentage revenue growth between 2008 and 2011. To qualify, companies must be U.S.-based, privately held, for profit and independent, and must have been founded and generating revenue by March 31, 2008. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000 and can be found at www.inc.com/500.
"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,” said Inc. magazine Editor Eric Schurenberg.
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.
Axcient is an entirely new type of cloud platform that eliminates data loss, keeps applications up and running, and makes sure that IT infrastructures never go down. Designed for today’s always-on business, Axcient replaces legacy backup, business continuity, and disaster recovery software and hardware, and reduces the amount of expensive copy data in an organization by as much as 80%. By mirroring an entire business in the cloud, Axcient makes it simple to access and restore data from any device, failover IT systems, and virtualize your entire office with a click - all from a single duplicated copy. Trusted by thousands of businesses to store and protect more than 10 billion files and applications, Axcient maximizes productivity, reduces cost, and eliminates risk. The company is headquartered in Mountain View, Calif.