FOR IMMEDIATE RELEASE
GLOBO Rockets Up Exclusive Inc. 500 List for Fastest Growing Companies
Three Year Sales Growth of 2844% Lands GLOBO as No. 1 in Philadelphia Area and No. 118 Overall
Philadelphia, PA (Aug. 17, 2016) - Inc. magazine today ranked GLOBO, a leading language technology and services provider, as the fastest growing company in the Philadelphia area and No. 118 overall on the 35th annual Inc. 5000|500, an exclusive ranking of the nation’s fastest-growing private companies. Because of an incredible 2844% three-year growth rate, GLOBO improved from its 2015 standing of No. 672 and moved to being into the top 2.5% of the list at No. 118.
“Our goal is to power meaningful conversations between companies and their consumers --- in any language, around-the-clock, instantly and seamlessly,” said Gene Schriver, CEO and founder of GLOBO. “We owe our success to our many customers who have chosen GLOBO to break down the language barrier in their businesses. We are thrilled to share this recognition with our customers, partners, employees and our world-class linguists.”
Through GLOBO’s revolutionary cloud-based platform, GLOBO HQ™, organizations can access a comprehensive suite of translation and interpreting solutions powered by thousands of vetted, professional linguists, and optimized by innovative technology to maximize the value for every customer.
GLOBO’s robust data and insights into linguistically diverse populations also help enterprises penetrate these fast-growing market segments. GLOBO’s full range of omni-channel services include on-demand telephone interpreting, video remote interpreting plus email & chat translation, as well as project-based marketing transcreation, text translation, localization and on-site interpreting.
The 2016 Inc. 5000|500, unveiled online at Inc.com and featured in the September issue of Inc. (available on newsstands Aug. 23) is the most competitive crop in the list’s history. According to Inc., the average company on the list achieved a impressive three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
"The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
GLOBO is a B2B provider of translation technology, services, data and insights. GLOBO’s roster of customers includes the U.S. government, health and personal lines insurance carriers, banks and mortgage lenders, pharmaceuticals and CROs, mobile gaming and tech companies. GLOBO also provides language support for large global events, most notably providing live interpretation in six languages for the worldwide broadcast of Pope Francis’ public appearances during his U.S. visitfor the World Meeting of Families.
For more information, please visit the company’s website at www.helloglobo.com
About The Inc. 5000|500 and Inc. Media:
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success.
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.