VarData Earns Place on Inc. 5000 List
Leading reseller is 926 on list of fastest-growing private firms
Revenue growth far surpasses industry average
August 14, 2009
ROCHESTER, N.Y.--VarData, LLC, a leading reseller of technology for voice, data, and storage networks, today announced that it has earned a place among the Inc. 5000.
The Inc. 5000 is Inc. Magazine’s list of the 5,000 fastest-growing privately held firms in the United States. Firms are ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, be U.S.-based, privately held, for profit, and independent.
VarData earned the place of 926 on the list because of its spectacular revenue growth: 328% over 2005. This growth rate is over twice the Inc. 5000 Industry Median, and many times that of the overall growth of the industry benchmark (the growth rate of the average company in VarData’s field, according to researchers).
“I thank our employees, customers, and partners for making this strong growth possible,” said VarData co-founder and president Jeff Coke. “VarData is very proud of its high-quality, cost-effective solutions, and of the first-class services our team provides. We work hard to ensure that our customers achieve the highest possible value, and are delighted by this recognition of our success.”
About the Inc. 5000
Inc. Magazine has been tracking the 500 fastest-growing firms since 1982. Inc. expanded the list two years ago, greatly improving its ability to provide business analysis. This year’s findings include the growth of health care companies and those providing government services. Inc. also found that the median growth rate slowed this year, to 126 percent from last year’s 147 percent. To learn more about these findings, and view the entire Inc. 5000 list, visit http://www.inc.com/inc5000/2009/index.html
About VarData LLC
Founded in 2004, VarData LLC provides data, voice, and storage solutions to both enterprise customers and service providers. The firm offers a broad range of technical solutions from its manufacturer partners, supporting both next-generation and legacy networks to help customers maximize their investments. VarData is known for its superb combination of industry leadership, technical expertise, and customer focus. The firm’s technically educated sales force prides itself on supporting its customers at every stage of the process—equipment selection, installations, network relocations, system modifications, engineering and test, troubleshooting and debugging, and even asset management. VarData is currently number 13 on the Rochester Top 100 list of the fastest-growing privately held businesses in the region, and number 926 on the Inc. Magazine’s list of the 5,000 fastest-growing privately held firms in the country.
