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News
Feb 2, 2012Jan 17, 2012
InMage Ranks No.149 on Inc. Magazine’s 29th Annual List of America’s Fastest-Growing Private Companies – the Inc. 500
SANTA CLARA, Calif. – August 24, 2010 – InMage® (www.inmage.com), the leading independent software vendor of disk-based, business application recovery solutions for mid tier and larger enterprises, has been ranked by Inc. magazine as No. 149 on its 29th annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Zipcar, Clif Bar, American Apparel, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times.”
InMage President and CEO John Ferraro was pleased with the selection, commenting: “Inc. Magazine is must reading for entrepreneurs, and its leadership in this area is one of the reasons this is such a sought-after award. Being recognized as one of America’s top entrepreneurial companies is quite an honor for InMage, and reflects the hard work and dedication that we all bring to our mission of providing our target customers with the best recovery capabilities available in the market today for their information technology infrastructure.”
InMage addresses a large, multi-billion dollar market that is transitioning to a newer set of technologies to meet changing recovery requirements in the industry. Legacy vendors are scrambling to meet the newer requirements, giving smaller, more agile vendors like InMage a real opportunity to solve recovery problems like backup, disaster recovery, and high availability for mid-tier and larger enterprises. These next generation recovery technologies include continuous data protection, application snapshot API integration, automated application recovery, asynchronous replication over IP, and storage capacity optimization. Industry trends that are driving InMage’s opportunities include the penetration of virtual server technology, increasingly stringent recovery requirements, and concerns about recovery time and reliability characteristics inherent in legacy technologies.
The 2010 Inc. 500, unveiled in the September issue of Inc. magazine (available on newsstands August 24 to November 16 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year’s crop. Aggregate revenue is $11.3 billion—down from last year's $18.4 billion—but median three-year growth is 1,231 percent, substantially up from last year’s 880.5 percent. The companies on this year's list employ more than 45,000 people. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at Inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About InMage
InMage is the leading independent software vendor of disk-based, business application recovery solutions for both physical and virtualized environments. The company’s integrated recovery software supports both local and remote backup and disaster recovery, performing exceptionally well in heterogeneous IT infrastructures with mixed platforms and storage. Customers can address stringent disaster recovery requirements, backup problems and application availability with one product, where multiple products were once required. InMage is headquartered in Santa Clara, CA, with additional offices in Europe and the Asia Pacific region. For more information, visit www.inmage.com.
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Media Contact:
Jennifer Sparks Bocchino
Sparks & Associates
949.388.9322 begi
jenn@sparks-associates.com
Sandy Moul
Sparks & Associates
949.388.9322
sandy@sparks-associates.com