SOURCE: Carahsoft Technology Corp.
RESTON, VA--(Marketwired - Oct 29, 2013) - Carahsoft Technology Corp., the trusted government IT solutions provider, today announced that it has been recognized by Inc. magazine as one of the nation's fastest growing, privately held companies for the sixth consecutive year. The 2013 Inc. 500/5000 rankings were based on percentage of revenue growth when comparing 2009 to 2012. Honorees were recognized at the 2013 Inc. 500/5000 Conference and Awards Ceremony earlier this month on October 10th-12th.
With 2012 revenue of $1.4 billion, Carahsoft was the highest revenue producing company in Virginia and ranked second in the Washington-DC area. The company also was the largest revenue producer in its category, government services, and ranked #2496 overall. Carahsoft was once again on this year's Honor Roll, which recognizes companies who have appeared on the list for at least five years. Carahsoft grew at a rate of 142% over three years and was among the top .5% of companies to make over 1 billion dollars in revenue for 2012.
"Carahsoft is proud to have earned this recognition again," said Craig P. Abod, president of Carahsoft, which provides information technology solutions to the public sector market. "We owe this honor to our innovative team members as well as our extensive ecosystem of customers, technology partners, resellers and consultants."
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 not subsidiaries or divisions of other companies. The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million.
"For 32 years, Inc. has welcomed the fastest-growing private companies in America into a very exclusive club. Make no mistake: The Inc. 5000 was harder to get into this year than ever in its history," said Inc. chief 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 to over 6,000,000 today. For more information, visit inc.com.
Carahsoft Technology Corp. is the trusted Government IT solutions provider. As a top-ranked GSA Schedule Contract holder, Carahsoft serves as the master government aggregator for many of its best-of-breed vendors, supporting an extensive ecosystem of manufacturers, resellers, and consulting partners committed to helping government agencies select and implement the best solution at the best possible value.
The company's dedicated Solutions Divisions proactively market, sell and deliver VMware, Adobe, Symantec, EMC, F5 Networks, Open Source, SAP, HP and Intelligence and Innovative products and services among others. Carahsoft is consistently recognized by its partners as a top revenue producer, and is listed annually among the industry's fastest-growing firms by CRN, Inc., Washington Technology, The Washington Post, Washington Business Journal, and SmartCEO. Visit us at www.carahsoft.com.