– Based on rapid three-year revenue growth, LogicMonitor receives ranking no. 2420 among America’s fastest-growing private companies –
SANTA BARBARA, Calif., August 16, 2022--(BUSINESS WIRE)--LogicMonitor, provider of the leading SaaS-based unified observability platform for enterprises and managed service providers (MSPs), today announced it has ranked no. 2420 on the Inc. 5000 list. The list provides a unique look at the most successful companies within the American economy’s most dynamic segment—its independent businesses. Facebook, Chobani, UnderArmour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"I am proud to be aboard the rocket ship that is LogicMonitor with an amazing team that has led us to record growth and momentum," said Christina Kosmowski, CEO, LogicMonitor. "Receiving this recognition from Inc. is an honor and serves as a testament to the essential role our platform serves for enterprise IT teams and managed service providers. In a world where all businesses are a digital business, our cloud-based monitoring and observability platform helps company leaders innovate faster and break down internal silos to deliver better customer experiences."
According to Inc., the companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," said Scott Omelianuk, Editor-in-Chief, Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work and rising to the challenges of today."
Since LogicMonitor was founded in 2007, the company has grown exponentially to become a leading provider of cloud-based IT infrastructure monitoring and observability software for both enterprises and managed service providers. Headquartered in California, LogicMonitor has offices around the world, including Austin, London, Singapore, Stockholm, Sydney and Pune.
LogicMonitor®’s SaaS-based unified observability platform, LM Envision, helps ITOps, CloudOps, DevOps, MSPs and business leaders gain operational visibility into and predictability across the technologies that modern organizations depend on to deliver extraordinary employee and customer experiences. LM Envision seamlessly enables observability across infrastructure, networks, clouds, containers and applications, empowering companies to focus less on troubleshooting and more on innovation. For more information, visit www.logicmonitor.com.
About Inc. 5000 Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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