iCIMS was recently named among the fastest growing private companies in America.
The company, which made it to the Inc. 500 l 5000 list, has the unique distinction of being named to the list for the seventh consecutive year based on its rapid organization-wide growth displayed during the course of the past seven years.
"Year over year, I have witnessed the remarkable growth of this company and it is truly rewarding to have Inc. acknowledge this achievement for the seventh consecutive time,” said Colin Day, chief executive officer, iCIMS. “This recognition highlights the incredible capability that iCIMS has to continue expanding and provides motivation for further progress. By remaining dedicated to providing highly configurable and easy-to-use talent acquisition solutions, customer support that is second to none, and the most innovative upgrades and product extensions, we are confident that we will continue to grow and look forward to earning future rankings by Inc. in the years to come.”
Each year, the Inc. magazine Inc. 500 l 5000 list names the most successful organizations within the country that demonstrate exceptional potential for progress. The organizations are evaluated over their percentage of overall revenue growth within a three-year period.
In addition to iCIMS, this year's list includes names such as Yelp (News - Alert), Chobani, Giftcards.com, KIND and Tilly's (famed hat-maker).
iCIMS was named within Inc.'s list of fastest-growing companies as a result of its 61 percent revenue growth between 2008 and 2011, as well as for the 60-percent increase in employee headcount. The company reported a 22-percent increase in revenue within the first half of 2012, in contrast to the first six months of 2011.
The impressive growth and expansion displayed by iCIMS is based primarily on its ability to provide scalable and easy-to-use Applicant Track System (ATS) to clients of all sizes. Not wanting to lose its current momentum, in January 2012 the company secured a $35-million minority investment from Susquehanna Growth Equity, to support further growth within areas such as marketing, product development and acquisitions.
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Edited by Braden Becker