Three-Year Sales Growth of 3,786% Propels A10 Into the Lead
SAN JOSE, CA, August 24, 2011 -- A10 Networks™, the technology leader in Application Networking, today announced that Inc. magazine ranked the company No. 54 on its 30th annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. A10 also received Industry Leader status with number one vendor for Computer Hardware, and ranked in the top 10 for Internet companies. For the second year in a row, A10 Founder and CEO Lee Chen was also recognized as a top Asian entrepreneur. The list represents the most comprehensive look at the most important segment of the economy-America's independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
The 2011 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 23 to November 15 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year's crop. Aggregate revenue is $10.5 billion, with a median three-year growth of 1,275 percent. The companies on this year's list employ more than 46,000 people and generated over 35,000 jobs in the past three years. 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 on Inc.com/500.
"We are proud to be recognized as the Industry Leader in Computer Hardware as part of the Inc. 500; especially as we have made this prestigious list for two years in a row," said Lee Chen, Founder and CEO for A10 Networks. "We now have 17 consecutive quarters of revenue growth as customers turn to A10's high-performance AX Series platforms to solve a wide range of networking problems. A10 is the most innovative and fastest growing company in the Application Networking market, and we continue to grow rapidly with over 300 employees worldwide."
A10's flagship AX Series platforms are designed from the ground up with a 64-bit shared-memory and multi-process, multi-core, multi-CPU architecture that leaps the competition in performance, scalability, efficiency and flexibility. The AX Series platforms offer solutions for Application Delivery/Server Load Balancing, IPv6 Migration and Cloud Computing & Virtualization. With the AX Series, customers of all sizes benefit from application availability, scalability & performance; increased infrastructure efficiency and a faster end user experience.
A10 Networks was founded in Q4 2004 with a mission to provide innovative networking and security solutions. A10 Networks makes high-performance products that help organizations accelerate, optimize and secure their applications. A10 Networks is headquartered in Silicon Valley with offices in the United States, United Kingdom, France, The Netherlands, Germany, Brazil, Japan, China, Korea, Taiwan, Hong Kong, Malaysia and Singapore. For more information, visit http://www.a10networks.com
The 2011 Inc. 500 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. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 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 www.inc.com/500.
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 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.