For the second consecutive year, Datto has been named one of America’s fastest-growing companies, and was ranked #2 as a security company and #3 in Connecticut.
August 28, 2013
Inc. magazine ranked Datto Inc., no. 111 on its 32nd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. Datto provides award-winning hardware-based on-and off-site backup, disaster recover (BDR) and intelligent business continuity (IBC) solutions, for companies of all sizes. Datto now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, Oracle and dozens of other notable recent alumni.
“We are both overjoyed and humbled to be included on this list for the second year in a row,” said Austin McChord, CEO & founder of Datto. “This validates years of hard work and places us in the company of other world renowned businesses. I would like to thank our Partners for being the engine behind our growth.”
The 2013 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 20 to November 20 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 918.59% in sales growth. The Inc. 500’ s aggregate revenue is $14.1 billion, with a median three-year growth of 1,739%. The companies on this year’s Inc. 500 employ more than 52,100 people and generated over 44,912 jobs in the past three years. 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 http://www.inc.com/inc5000 .
“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. magazine editor Eric Schurenberg.
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 http://www.inc.com/inc5000 .