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Inc. Magazine Names AvePoint to the Inc.500|5000 List of Fastest Growing American Companies for the Third Consecutive Year
AvePoint ranks on the Inc. 500|5000 list with a three-year sales growth of 409.1%
Jersey City, NJ — August 20, 2012 — Inc. Magazine today ranked AvePoint, the leader in governance and infrastructure management solutions for Microsoft SharePoint, in the top 16% 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. AvePoint joins Yelp, yogurt maker Chobani, Giftcards.com, and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
“We are very excited to be named to the Inc. 500|5000 list for the third consecutive year,” said Dr. Tianyi (TJ) Jiang, AvePoint's Co-CEO. “When we founded AvePoint, our goal was to deliver the best products and services in the industry by listening to our customers and empowering our team members, so everyone would be invested in our success. Being named to this prestigious list is further evidence that our strategy is working, and we are both honored and humbled by the prestigious recognition.”
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 more than 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
AvePoint is a global technology company and proven software leader. Founded in 2001, AvePoint works with more than 10,000 organizations worldwide – including many Fortune 500 and government agencies – to realize their full potential by comprehensively governing and scaling their enterprise technology platforms. AvePoint, Inc. is headquartered in Jersey City, NJ, with more than 1,200 employees in 25 wholly owned operational centers on five continents worldwide.
Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
“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.
AvePoint accelerates your digital transformation success. Over 16,000 companies and 6 million SharePoint and Office 365 users worldwide trust AvePoint software and services for their data migration, management, and protection needs in the cloud, on-premises and hybrid environments.
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 the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us October 3–5, 2011, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona. For more information about the 2012 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
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