RESTON, Va., Aug. 18, 2017 (GLOBE NEWSWIRE) — Carahsoft Technology Corp., the trusted government IT solutions provider, today announced that it has been ranked #3255 by Inc. magazine today on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The 2017 Inc. 5000 rankings are based on percentage of revenue growth from 2013 to 2016.
With a three-year growth rate of 99 percent, Carahsoft reported more than $3.4 billion in revenue during 2016, making the company the third largest revenue producer on the entire list of 5,000 companies. Carahsoft received the 10 Time Honoree distinction, an accomplishment that less than 100 companies on the list have earned.
Other Carahsoft highlights for the 2017 list include:
- #1 revenue producer for companies with under 1,000 employees
- #1 revenue producer in the Government Services category
- #1 revenue producer in the Virginia and in the DC Metro area
- #1 revenue producer among the 10 Time Honorees
“We are honored to be recognized once again among the nation’s fastest growing, privately held firms by Inc.,” said Craig P. Abod, President of Carahsoft. “We are extremely proud of the growth that has earned us a spot on this for the past 10 years. Our longevity on Inc.’s prestigious list demonstrates how dedicated our team is to providing the highest quality service to our government customers, IT solutions vendors, and reseller ecosystem.”
The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
Founded in 2004, Carahsoft serves as the largest government distributor and partner for many of the industry’s leading IT manufacturers including VMware, Adobe, Symantec, Palo Alto Networks, Veritas, Red Hat, HPE Software, SAP, Dell EMC, Salesforce, Google Cloud, F5 Networks, and ServiceNow among others. As a top-performing GSA Schedule and SEWP contract holder, Carahsoft and its reseller partners focus on providing technology that helps public sector customers solve IT security, management, and infrastructure challenges and improve IT efficiencies and capabilities. The company is headquartered in Reston, Virginia and employs more than 750 people.
Carahsoft Technology Corp. is the trusted Government IT solutions provider. As a top-performing GSA Schedule and SEWP contract holder, Carahsoft serves as the master government aggregator for many of its best-of-breed technology vendors, supporting an extensive ecosystem of 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, Symantec, Veritas, Dell EMC, Adobe, F5 Networks, Google Cloud, ServiceNow, Open Source, HPE Software, SAP, Salesforce, 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 and largest firms by CRN, Inc., Forbes, Washington Technology, The Washington Post, Washington Business Journal, and SmartCEO. Visit us at www.carahsoft.com.
More about Inc. and the Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 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.
About Inc. Media:
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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
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