Inc. revealed today that CloudPaths ranks No. 533 on the 2024
Inc. 5000, its annual list of the fastest-growing private companies
in America.
NEW
YORK, Aug. 13, 2024 /PRNewswire-PRWeb/ -- Inc.
revealed today that CloudPaths ranks No. 533 on the 2024 Inc. 5000,
its annual list of the fastest-growing private companies in
America. The prestigious ranking provides a data-driven look at the
most successful companies within the economy's most dynamic
segment—its independent, entrepreneurial businesses. Microsoft,
Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and
many other household-name brands gained their first national
exposure as honorees on the Inc. 5000.
"When we started CloudPaths in 2017, we had a vision and dream
to serve our customers well," said Jay
Paramasivam, Chief Revenue Officer and KV Subramaniam, Chief
Operating Officer of CloudPaths. "The recognition for a second year
and being named #533 on the 2024 Inc 5000 list is a true
honor."
"When we started CloudPaths in 2017, we had a vision and dream
to serve our customers well," said Jay
Paramasivam, Chief Revenue Officer and KV Subramaniam, Chief
Operating Officer of CloudPaths. "The recognition for a second year
and being named #533 on the 2024 Inc 5000 list is a true
honor."
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year's top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. In all, this
year's Inc. 5000 companies have added 874,458 jobs to the economy
over the past three years.
"Expert implementation of technology solutions that streamline
businesses is what our team at CloudPaths strives for in our
customer engagements," said Tushar
Bhalla, Chief Technology Officer of CloudPaths. "Cloud based
SaaS solutions that are well implemented are the game changers and
CloudPaths delivers these every day for our customers."
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands beginning
Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
About CloudPaths:
CloudPaths provides cloud applications expertise and services to
transform and optimize enterprises. Headquartered in Newark, CA, with regional offices across the
globe, CloudPaths has rapidly become the SaaS partner of choice for
fast growing enterprises. For more details, please visit
www.cloudpaths.com.
Contact
Jimmé Peters
503.816.0500
jimme@cloudpaths.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to
percentage revenue growth from 2020 to 2023. To qualify, companies
must have been founded and generating revenue by March 31, 2020. They must be U.S.-based,
privately held, for-profit, and independent—not subsidiaries or
divisions of other companies—as of December
31, 2023. (Since then, some on the list may have gone public
or been acquired.) The minimum revenue required for 2020 is
$100,000; the minimum for 2023 is
$2 million. As always, Inc. reserves
the right to decline applicants for subjective reasons. Growth
rates used to determine company rankings were calculated to four
decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for
entrepreneurs. Through its journalism, Inc. aims to inform,
educate, and elevate the profile of our community: the risk-takers,
the innovators, and the ultra-driven go-getters who are creating
our future. Inc.'s award-winning work achieves a monthly brand
footprint of more than 40 million across a variety of channels,
including events, print, digital, video, podcasts, newsletters, and
social media. Its proprietary Inc. 5000 list, produced every year
since its launch as the Inc. 100 in 1982, analyzes company data to
rank the fastest-growing privately held businesses in the United States. The recognition that comes
with inclusion on this and other prestigious Inc. lists, such as
Female Founders and Power Partners, gives the founders of top
businesses the opportunity to engage with an exclusive community of
their peers, and credibility that helps them drive sales and
recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to
be held from October 16 to 18 in
Palm Desert, California, please
visit http://conference.inc.com/.
LinkedIn
View original content to download
multimedia:https://www.prweb.com/releases/for-the-second-time-cloudpaths-makes-the-inc-5000-at-no-533-in-2024-with-three-year-revenue-growth-of-994-percent-302220861.html
SOURCE CloudPaths