AppRiver Named One of America’s Fastest-Growing Private Companies by Inc. Magazine
AppRiver, a leading provider of email messaging and Web security solutions, today announced it has earned a spot on Inc. magazine's exclusive 2013 Inc. 5000 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, where AppRiver has landed a spot for seven consecutive years.
AppRiver's full Inc. 500 profile can be viewed at http://www.inc.com/profile/appriver.
"We are thrilled to again be honored as an Inc. 5000 high-growth company, a recognition AppRiver has received for seven straight years," said Michael Murdoch, president and CEO of AppRiver. "In particular, this past year has been one of significant expansion for the company-both internationally and domestically-in order to best serve our global customer base."
In May 2012, AppRiver announced the opening of its EMEA headquarters in Switzerland to meet the growing demand for its IT security solutions, and most recently, the company has expanded its U.S. footprint with a new office in Austin, Texas in order to recruit super talent in the region.
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year's list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
Complete results of the Inc. 5000 can be found at www.inc.com/5000.
"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy," says Inc. Editor Eric Schurenberg.
Founded in 2002, AppRiver now protects more than 45,000 businesses around the globe from today's most sophisticated IT threats. The company's cloud-based security suite includes email hosting, email security, archiving, encryption and Web protection services. All services come with a 30-day free trial and are backed by AppRiver's signature Phenomenal Care™.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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.
AppRiver is a Software-as-a-Service (SaaS) provider offering award-winning email and Web security solutions to businesses of all sizes. Understanding the need to protect networks from today's increasingly complex IT threats, AppRiver offers businesses a comprehensive, yet affordable subscription-based solution that incorporates the latest spam and virus protection, email encryption and Web security on the market. In addition, the company provides a complete managed service for Microsoft Exchange, as well as a bundled Office 365 solution. Since its inception, AppRiver has sustained an impressive 93% customer retention rate while growing its customer base to more than 45,000 companies and over 8 million mailboxes worldwide. The company maintains offices in Florida, New York and Switzerland, and is led by an Ernst & Young Florida Entrepreneur of the Year award winner. For more information, please visit www.appriver.com.