For the Second Year in a Row, daVIZta Inc. Secures Spot High on the Inc. 5000 List
SOMERSET, N.J., Aug. 26, 2016 /PRNewswire-iReach/ -- Inc. magazine has ranked daVIZta, Inc. No. 2512 on its 35th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment— its independent small businesses. Just like last year, to qualify for this award, daVIZta had to show percentage revenue growth over a four-year period and show a revenue in the initial year of at least $100,000, and revenue in the most recent year of at least $2 million.
"For us to have made the list for the second year in a row is a testament not only to our hard work, dedication, and tenacity as a firm, but also the faith placed in us by our clients and partners. It's paying off."- Shekhar Yerramilli, Co-founder, Chairman and CEO. Krishnan Padmanabhan, Co-founder, President and COO.
daVIZta was created in 2010 with a fundamental premise: predictable revenue forecasts create healthier companies. Fast forward 6 years, and daVIZta is now making a difference in the day to day life and functions of top-tier, mid-market, and emerging Life Sciences companies. daVIZta has worked with over 30 different clients, supporting them with a team of over 90 exceptional professionals with years of industry experience in conjunction with their cutting edge software, data management, and consulting services. So far, in 2016, daVIZta has been awarded the NJBIZ 'Fastest Growing Companies in New Jersey' and the 'Best Places to work in New Jersey' for a 3rd year in a row. In addition, daVIZta co-founders Shekhar Yerramilli and Krishnan Padmanabhan, were recently named finalists for Ernst & Young's sponsored 'Entrepreneur of the Year' award in New Jersey.
More about Inc. and the Inc. 500|5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 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 15,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
Media Contact: Michael D'Angelo, daVIZta, Inc., (732)-606 3329, firstname.lastname@example.org
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