Austin, TX -August 26, 2014
Austin, Texas based Loop1 Systems Inc., a global IT Services company, has been named one of the Top 5000 fastest-growing companies in the country by Inc. Magazine. Loop1 Systems ranks No. 587 on this annual list of the most innovative and successful privately owned businesses in America.
While the average company on this list grew a remarkable 516 percent, Loop1 Systems boasts a three-year growth in revenue of 811 percent. This impressive growth makes Loop1 Systems the 11th fastest-growing company in the Austin metro area and the 7th fastest-growing IT Services company in Texas. This year’s list honored Loop1 Systems alongside industry powerhouses such as GoPro, Fuhu and Tough Mudder.
“Having come from a military background, where standard operating procedures, leadership and teamwork are paramount, it is validating to see those same tenets translate to success in the corporate environment,” said Don Kinnett, founder and CEO of Loop1 Systems. “Being able to recognize talent and knowing where to place the right people within the organization has been critical to the growth of our business. Additionally, partnering with key industry leaders has allowed us to stay at the forefront of this rapidly evolving industry.”
Loop1 Systems’ listing is available at http://www.inc.com/profile/loop1-systems. The complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000/list/2014.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.
About Loop1 Systems
Loop1 Systems is a global IT Services company with a focus on Managed IT Services and Professional Services and Training around Network Monitoring Software. Founded in 2009, the company is headquartered in Austin, Texas with an EMEA office in Cork, Ireland.