PLEASANTON, Calif., Aug. 24, 2011 /PRNewswire/ -- Toolwire (www.toolwire.com) has been listed among the Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list is a comprehensive look at America's next generation of innovators. Over 27 million businesses are registered in the United States and thus eligible for consideration; past honorees have included Microsoft, Timberland, Visa, Intuit, Oracle, and Zappos.com.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward," stated Jane Berentson, Editor of Inc. Magazine. "Growth companies, not large corporations, are where the action is."
Toolwire is a learning solutions provider specializing in products and services for experiential learning. The company empowers Higher Education and corporate training institutions to deliver immersive "virtual internships" across a broad range of subject areas including Business, Healthcare, Legal, Applied Science, and Information Technology. Toolwire's proven experiential learning solutions, which include Toolwire Learnscapes, StudentDesktops, Scenarios, and LiveLabs, help learning institutions produce graduates capable of world class performance in the marketplace.
This announcement adds to Toolwire's growing list of accolades in 2011. Toolwire was recently the only education company named to Red Herring's Top 100 North America, a list honoring the year's most promising private technology companies in North America. In addition, Toolwire earned two Gold Medals at the Institute of IT Training Awards earlier this year for "Learning Technologies Solution" and "Instructional Designer" of the Year.
"We are truly honored to be included on the 2011 Inc. Magazine list. The key to our growth is that Toolwire provides institutions far more than just innovative learning content," commented John Valencia, Toolwire's President and CEO. "Toolwire provides Learning-as-a-Service in a way that helps organizations better engage and retain students."
The 2011 Inc. 5000 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010.
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 deliver real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
Toolwire is a learning solutions provider specializing in products and services for experiential learning. We empower Higher Education and corporate training institutions to deliver immersive "virtual internships" across a broad range of subject areas including Business, Healthcare, Legal, Applied Science, and Information Technology. By enabling "learning by doing", Toolwire Learnscapes, StudentDesktops, Scenarios, and LiveLabs provide the quickest, most effective way to develop skills, improve knowledge retention, and enhance student success. Toolwire's award winning solutions "bring learning to life". For more information, please visit www.toolwire.com.