HubSpot Named Second Fastest Growing Software Company by Inc Magazine
CAMBRIDGE, Mass., Aug. 23, 2011 /PRNewswire/ -- HubSpot didn't waste any time making an imprint on the Inc 500 list of the fastest growing private companies in the US. In its first year eligible for the list, the inbound marketing software company is the second fastest growing software company in the country, and the 33rd fastest growing company overall.
HubSpot, which celebrated its fifth anniversary last month, has grown revenues more than 6,000% since 2007 with over 5,000 customers using HubSpot as their marketing software system.
In the past two months, HubSpot has acquired companies Performable and oneforty, bringing the team to nearly 300 people. These acquisitions have added innovative marketing automation and social media marketing functionality and grown the App Marketplace for HubSpot customers.
"To be recognized as the second fastest growing software company is quite an honor," said Brian Halligan, the company's co-founder and CEO. "Potential customers are researching and shopping for products in a new way, and we have been working hard since 2006 to build the tools to help companies transform their marketing and get better results through inbound marketing. The Inc 500 list recognizes our progress so far, but we're not done."
Co-founder and CTO Dharmesh Shah added, "The recognition of HubSpot's hyper-growth is nice, but what made that possible is the results our customers get from the marketing they do using our software. The average HubSpot customer grows their lead generation by 32% monthly, and over 80% of customers report increased web traffic and lead generation when using HubSpot software. 85% of HubSpot customers recommend the software to their friends." [source: www.hubspot.com/ROI]
HubSpot offers an all-in-one inbound marketing software platform for businesses that want to capitalize on attracting more visitors, leads and customers according to how people search, shop and buy products today. Its software combines all of the needed tools for social media, blogging, lead generation, lead management, email marketing, marketing automation, marketing analytics, into one easy-to-use system.
Over 50 other awards also show the results of HubSpot's customers driving the success of the company. HubSpot has been named the #1 Best Place to Work by the Boston Business Journal for two consecutive years. Brian Halligan was also named an Ernst & Young Entrepreneur of the Year this year. Dharmesh Shah is the top technology innovator on the Boston Globe's Top 100 list.
In addition to celebrating its own success, HubSpot is also excited to recognize its customers that also made the Inc 500 list. They are: AppAssure Software, ymarketing, ServiceNow, UnitedLex, Neutron Interactive, SevOne, Nova Datacom, TicketLeap and Source Consulting.
HubSpot, Inc. offers an all-in-one marketing software platform that has helped more than 4,900 companies in 34 countries increase the number of visitors to their websites and convert more of those visitors to leads and customers. Applications in the software platform include website management, blogging, search engine optimization, lead management, marketing analytics, email marketing, landing pages, and social media monitoring. HubSpot is also the developer of the popular website analysis tool, WebsiteGrader.com, which has more than 3 million users. HubSpot, Inc. was founded in 2006 and is based in Cambridge, Massachusetts. Find them at http://www.HubSpot.com.