NEWARK, N.J., Aug. 22, 2017 (GLOBE NEWSWIRE) -- Phone.com has made Inc. Magazine’s list of the 5000 fastest growing businesses in America for the sixth consecutive year. Phone.com is part of an exclusive Inc. 5000 “Honor Roll,” companies that have ranked on the list more than 5 years in a row - an achievement that only one in 10 honorees achieve.
“Being named to the Inc. 5000 never gets stale,” said Phone.com CEO Ari Rabban. “Obviously, we work every day to give our new and existing customers great service, and that translates into the kind of growth that lands you on this list six years in a row.”
Inc. measures private companies based on percentage revenue over a four-year period. To make the list, revenue in the initial year must have been at least $100,000, and revenue in the most recent year must have been at least $2 million.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc., is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 481 percent. The Inc. 5000's aggregate revenue is $206 billion and the companies on the list collectively generated 619,500 jobs over the past three years, or about eight percent of all jobs created in the U.S. economy during that period. Complete results of the Inc. 5000 can be found online at http://www.inc.com/inc5000.
About Phone.com
Phone.com is a leading cloud communications and business phone service for small businesses and entrepreneurs. Phone.com has been recognized by the INC. 500 and Deloitte Fast500 and offers flexible, cost-effective solutions and award-winning U.S.-based customer support to more than 25,000 customers across the United States and Canada. Our Innovative business VoIP solutions include intelligent call handling, toll-free 800 numbers and virtual phone numbers, audio and video conferencing and wi-fi mobile phone apps —all starting at as low as $10 /month.
Connect with us on Facebook, follow us on Twitter, talk to us at 844-746-6312 or visit us at www.phone.com
Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 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 http://www.inc.com/inc5000.
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