Company is on the list for the 4th year running
Huntington Beach, Calif. – August 27, 2020 – Netreo, the award-winning platform for IT infrastructure monitoring and management, today announced it has been named on the annual Inc. 5000 list for the fourth consecutive year.
The list, Inc. Magazine’s prestigious annual ranking of the fastest-growing private companies in the United States, represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000, and Netreo is on the roster this year at No. 4331, driven by a three-year revenue growth of 77%.
“Netreo is thrilled to be recognized once again by Inc. as one of the top performing private companies in the nation. It is a testament to our consistent growth and success, underscoring the hard work and dedication of our team. We are honored to be amongst such esteemed companies, and will continue to focus on providing our customers around the world with unparalleled service, value and satisfaction,” said Jasmin Young, CEO of Netreo.
Founded in 2000, Netreo helps customers in over 20 countries and across all industries monitor the reliability, availability and digital experience of their IT resources (such as, access to the internet, internal networks, servers, applications, and devices) – ensuring that their business stay online – and that their users have 24×7 access to critical business applications (such as Microsoft365).
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Netreo can be found on the Inc. 5000 list at: https://www.inc.com/profile/netreo. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
Netreo’s award-winning full-stack IT management and AIOps products empower customers with real-time information on their cloud, on-premises and hybrid networks, applications and devices — so they can provide amazing internal and external customer experiences from their digital environments and focus more on innovation. Netreo, used worldwide by thousands of private and public entities, monitors tens of millions of assets and devices per day. Netreo is one of Inc. 5000’s fastest growing companies.
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About Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.