RIDGELAND — Inc. magazine has ranked Bomgar Corporation No. 411 on its 2009 Inc. 500, an exclusive ranking of the nation’s fastest-growing private companies. In addition to the company’s position among 500 honorees, Bomgar also ranked as the No. 1 fastest-growing company in Mississippi for the second year in a row.
“Bomgar Corporation is thrilled to be recognized as one of the fastest-growing software companies in the U.S. for the second year in a row,” said Joel Bomgar, founder and CEO. “This acknowledgement is a powerful testament to our consistent revenue growth, the overall market opportunity for enterprise remote support and the value that the Bomgar Box provides IT support organizations worldwide.”
The company has maintained revenue growth of 626.8 percent between 2005 and 2008.
The 2009 Inc. 500 measures revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, for profit and independent. The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.