Market Overview

CloudNet Group Named One of Inc. Magazine's "Fastest-Growing Private Companies in America" for 2018


For the 3rd Time, CloudNet Group Appears on the Inc. 5000, With Three-Year Revenue Growth of 197 Percent

NEW YORK (PRWEB) August 22, 2018

Inc. magazine revealed that CloudNet Group, a cloud communications provider, is featured on its 37th annual Inc. 5000 ranking of the nation's fastest-growing private companies for the third consecutive year.

The company logged substantial growth momentum for the third year in a row, placing in the top third of telecommunications companies on growth of 197 percent over the past three years.

"We're incredibly honored by this achievement," said CloudNet Group Vice President Jessica Jorgensen. "Making this elite list of high-growth companies three years in a row is a testament to the strength of our technology, the devotion of our team to the customers' experience and our extraordinary clients. We are truly grateful for all of the people who have come together for us to reach this milestone."

Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000's aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," said Inc. Editor in Chief James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives."

About CloudNet Group
CloudNet Group, an honoree in the Inc. 5000 list of America's Fastest Growing Private Companies for the past three years, is a full-service technology provider offering cloud-based hosted VoIP and circuit management to medium and large enterprises. In today's self-service culture, CloudNet Group delivers white-glove design and implementation, including onsite consultations, custom solutions design, pre-engineering, configuration and equipment testing, phone installation and training, onsite and remote technical support, and maintenance for every hosted VoIP seat deployed. CloudNet Group backs every project with a 90-day, unconditional guarantee, and a team of top-tier talent in all three IT services disciplines – data, Internet and telephony. For more information, visit

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2 million in 2010 to more than 18 million today.  Inc. is well known for the Inc. 5000, a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. For more information, visit

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