AllCloud Named One of America’s Fastest-Growing Private Companies
SAN FRANCISCO, CA (GLOBE NEWSWIRE) — AllCloud, the global cloud services provider, has been named to the Inc. 5000 list, published by Inc. magazine. The Inc. 5000 is an annual list of the nation’s fastest-growing private companies. A first-time honoree, AllCloud ranked #1349 on the 2020 list, with three-year revenue growth of 330%.
“Now more than ever, companies are adopting, using and growing their business through the cloud,” said Eran Gil, CEO of AllCloud. “The business value and cost savings have been well-documented, they just need help making it all happen. AllCloud is helping companies use the cloud to transform the way they do businesses. We’ve had a great run these past few years, and we’re just starting to hit our stride.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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.
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
Denver, CO – Rachio produces the Smart Sprinkler Controller that brings the smart home outdoors. Driven by intelligent, cloud-based software, Rachio analyzes recent and upcoming weather, humidity levels, soil types and lawn conditions. Rachio’s technology conserves water and saves users on their monthly water bill.
Birmingham, AL – ProctorU provides online proctoring services to the higher education, licensure, certification and pre-employment testing markets. Live proctors use webcams, screen-sharing technology, and proven identity verification techniques to monitor examinees taking tests from home, work or any other location.
Huntsville, AL – Curiteva is a global medical technology company that offers a comprehensive portfolio of orthopedic implants and instruments, specifically around spinal products. Curiteva designs, develops and manufactures its own proprietary implants and instruments.
Boulder, CO – AllCloud is a global cloud solutions provider offering a wide range of services as an AWS Premier Partner and a Salesforce Platinum Partner. AllCloud helps companies build cloud-native environments to leverage the cost advantages and flexibility of the cloud.
Atlanta, GA – AccelaRAD allows imaging facilities, physicians, radiologists and patients access to medical images via a cloud solution with sophisticated encryption, compression and viewing technology.
(Acquired by Nuance Communications – Nasdaq: NUAN)
Agility Healthcare Solutions
Richmond, VA – Agility provides comprehensive RFID-enabled solutions that allow healthcare facilities to track and measure resource utilization of equipment while improving staff workflow and patient throughput.
(Acquired by General Electric – NYSE: GE)
San Diego, CA – A-Life Medical, Inc. pioneered the computer-assisted coding (CAC) market in healthcare IT when it set out to find ways to improve the efficiency, accuracy and speed of the medical coding process.
(Acquired by Ingenix – NYSE: UNH)
Birmingham, AL – Awarix integrates RFID location and geospatial technologies to provide an enterprise visibility solution that allows hospitals to increase throughput, improve caregiver effectiveness and increase patient satisfaction.
(Acquired by McKesson – NYSE: MCK)
Boston, MA – Best Doctors provides consumers and insurance carriers with a solution that lowers the costs and improves the outcomes of catastrophic care management by linking patients and their doctors with leading medical experts.
(Exited via structured company buyback)
Atlanta, GA – BrightWhistle provides software to generate highly qualified patient leads for healthcare providers. The company’s technology allows providers to target and attract new patients through search engines and social media.
(Acquired by Influence Health)
Birmingham, AL – ComFrame is a Microsoft® Gold Certified Partner and National Systems Integrator that provides application development, enterprise integration and business intelligence services for companies across the Southeast.
(Acquired by NWN Corporation)
Birmingham, AL – Emageon introduced its market leading PACS solution, which allowed physicians and healthcare professionals to manage, access and view multi-specialty medical images across any PC in the hospital.
(Exited via IPO: Nasdaq – EMAG)
Hirtle Callaghan & Co.
Philadelphia, PA – Hirtle Callaghan is a leading asset manager that offers complete objectivity, as well as the insight and discipline of a professional “Chief Investment Officer,” supported by a fully staffed investment department.
(Exited via structured company buyback)
Hospice Partners of America
Birmingham, AL – Hospice Partners of America built a national footprint in hospice by providing palliative medical care, social work services and spiritual support to end-of-life patients and their families.
(Acquired by Addus Homecare – Nadsaq: ADUS)
Birmingham, AL – Hunter Systems (previously Castlebridge Technologies) is a leading developer of administration software for private schools and non-profit organizations. Its products are installed at over 3000 schools around the world.
(Acquired by Software Technology, Inc.)
Birmingham, AL – Hygia Health Services is an FDA-registered, third-party reprocessor of single-use medical devices. Hygia reduces hospital medical device expenses and eliminates thousands of tons of landfill waste each year.
(Acquired by Stryker Corporation — NYSE: SYK)
Raleigh, NC – InMotionNow is a leading provider of workflow solutions and project management tools for enterprise marketing teams. The company’s SaaS solutions help businesses get creative content to market faster.
(Acquired by Level Equity)
Nashville, TN – Investment Scorecard provides subscription-based outsourced performance measurement and reporting solution for brokerage firms and trust departments, including data for hundreds of thousands of portfolios.
(Acquired by Informa Investment Solutions)
Atlanta, GA – Using Eigen-sphere technology, Jvion delivers the healthcare industry ultra-definition views into individualized patient risk and the specific actions that will improve outcomes.
(Acquired by JMI Equity)