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RESTON, VA, August 19, 2015 /24-7PressRelease/ -- Carahsoft Technology Corp., the trusted government IT solutions provider, today announced it has been recognized by Inc. magazine as one of the nation's fastest growing, privately held companies for the eighth consecutive year. The 2015 Inc.500/5000 rankings were based on percentage of revenue growth when comparing 2011 to 2014.
For 2014, Carahsoft posted more than $2.2 billion in revenue, making it:
- The fourth largest revenue producer on the entire list of 5,000 companies;
- The top revenue producer for its category, government services;
- The #1 ranked revenue producer in Virginia and in the entire DC Metro area.
Carahsoft also ranked as the top revenue producer for companies with under 1,000 employees, and had an employee growth rate of 110 percent over three years.
"We are honored to be recognized by Inc. magazine over the past eight years," said Craig P. Abod, president of Carahsoft. "Continuing to grow at a triple-digit rate while earning revenue in the billions takes the commitment of our entire team to providing the best possible value and support to our government customers and our ecosystem of vendor and reseller partners."
With a 3-year growth rate of 114%, Carahsoft ranked #3059 overall, up almost two hundreds spots from 2014. Along with the jump in ranking, this is also the third year Carahsoft has earned the distinction of being on the Honor Roll, a special recognition for companies who have appeared on the list for at least five years.
"The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. president and editor-in-chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident."
Founded in 2004, Carahsoft serves as the largest government partner for many of the industry's leading IT manufacturers including VMware, Adobe, Symantec, Red Hat, HP, SAP, EMC, and F5 Networks among others. Carahsoft and its partners focus on providing technology that helps public sector customers solve IT security, management and infrastructure challenges and improve IT efficiencies and capabilities. Carahsoft posted more than $2.2 billion in revenue in 2014, and employs nearly 500 team members.
About Inc. and the Inc. 5000
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.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success.
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 technology vendors, supporting an extensive ecosystem of software manufacturers, value-added resellers, system integrators, 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, HP, SAP, and Innovative and Intelligence 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.
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