Inc. Magazine Unveils 29th Annual List of America’s Fastest-Growing Private Companies - the Inc. 500

ShareFile Ranks No. 104 on the 2010 Inc. 500 with Three-Year Sales Growth of 2408%

Aug 31, 2010, 19:08 ET from ShareFile

RALEIGH, N.C., Aug. 31 /PRNewswire/ -- Inc. magazine today ranked ShareFile number 104 on its 29th annual Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs.

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“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. Editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times.”

ShareFile, a leading provider of secure file transfer and full-featured virtual data room solutions that allow companies to exchange large and/or confidential business files, was founded in 2005 by Duke Alum and self-taught software programmer Jesse Lipson, and has quietly amassed more than 11,000 corporate customers totaling 1.5 million users in 120 countries (including many Fortune 500 companies) in less than five years by providing a simple and secure alternative to FTP for large file transfers.

The 2010 Inc. 500, unveiled in the September issue of Inc. magazine (available on newsstands August 24 to November 16 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year’s crop. Aggregate revenue is $11.3 billion—down from last year's $18.4 billion—but median three-year growth is 1,231 percent, substantially up from last year’s 880.5 percent. The companies on this year's list employ more than 45,000 people. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at Inc.com/500.

About ShareFile

ShareFile is a leading provider of web-based tools that allow companies to exchange business files with clients, partners, and colleagues easily, securely and professionally. Unlike an FTP site, ShareFile can be accessed using any standard web browser and does not require software installation or training. The Company has more than 1.5 million users across 120 countries and provides business solutions to more than 50 different industries including accounting, advertising, legal, graphic design, consulting, health care and engineering. Headquartered in Raleigh, North Carolina, ShareFile is a 2008 Winner of CNET’s WebWare 100 for file storage and security. For more information on secure file transfer and virtual data room solutions, please visit the company’s website, Facebook page, or follow us on Twitter.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

SOURCE ShareFile



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