iCIMS Named One of the Fastest Growing Companies in NJ
-Leading SaaS provider is recognized by NJBIZ as one of the top 50 fastest growing companies in NJ -
MATAWAN, N.J., Nov. 15, 2012 /PRNewswire/ -- iCIMS, a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, today announced that the company has been ranked 36th on the NJBIZ list of New Jersey's 2012 Fifty Fastest Growing Companies. This is the fourth consecutive year iCIMS, Inc. has been named to the list.
The NJBIZ Fifty Fastest Growing Companies awards program celebrates the most dynamic companies that contribute to the success of the New Jersey's economic stability and growth. To qualify, companies were required to meet selection criteria including a revenue size of at least $500,000 within the past three out of four years and revenue growth over a four-year period, dating from fiscal year 2008 to 2011. Presenting sponsor, Parente Beard, LLC, calculated the nominations and then ranked the companies according to revenue growth over the four-year period. Both dollar and percentage increases were taken into consideration.
From 2008 to 2011, iCIMS' revenue grew nearly 64%, affording the company another year on NJBIZ's competitive list. iCIMS is joined by Linode, Quick Check Corp., and Preferred Freezer Services in earning a spot on the prestigious list. The company was also recognized for its increased revenue earlier this year by being ranked on the Inc. 500 l 5000 list of the fastest growing private companies in America for the seventh consecutive year. In addition to maintaining strong revenue growth, iCIMS has also grown its client base to over 1,300 organizations worldwide and increased full-time employee headcount to over 240. The ranking on NJBIZ's list comes on the heels of even further expansion of the organization, with iCIMS' recent Canadian distribution partnership with Workopolis and the acquisition of former partner, Jobmagic.
"iCIMS is proud and honored to once again be recognized by NJBIZ for our continued rapid revenue growth," said Colin Day, Chief Executive Officer, iCIMS. "Since the company started in 1999, we have stayed true to our roots; providing SMB and larger businesses with pure SaaS, easy-to-use, scalable talent acquisition solutions. As the HR Software market space is dramatically changing, with companies acquiring one another and selling full HCM, iCIMS has decided to take a different path. We remain a best-of-breed talent acquisition solution provider by partnering with other technology providers, such as background checking, that do what they do best. So far, our strategy has helped grow the client base by 35% this year alone," concluded Day.
NJBIZ announced this year's fifty fastest growing companies ranking during an awards ceremony on Tuesday, November 13, 2012 at The Palace at Somerset Park in Somerset, New Jersey. The honorees will also be highlighted in a special supplement to NJBIZ on November 19, 2012.
For more information about the NJBIZ Fifty Fastest Growing Companies awards program, please visit www.njbiz.com/events.
About iCIMS, Inc.:
iCIMS, a leading provider of innovative Software-as-a-Service (SaaS) talent acquisition solutions, is an Inc. 500 and Software Satisfaction honoree focused on solving corporate business issues through the implementation of easy-to-use, scalable solutions that are backed by award-winning customer service. iCIMS' Talent Platform, the industry's premier candidate management solution, enables organizations to manage their entire talent acquisition lifecycle from sourcing, to recruiting, to onboarding all within a single web-based application. With more than 1,300 clients worldwide, iCIMS is one of the largest and fastest-growing talent acquisition system providers with offices in North America, UK, and China. To learn more about how iCIMS can help your organization, visit http://www.icims.com or view a free online demo of the iCIMS Talent Platform.
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