New York, NY - September 24, 2007 - Inc. Magazine recently ranked Mimeo.com, the innovator of online, on-demand printing for business documents and marketing materials, one of the fastest growing privately owned companies in the first-ever Inc 5,000. Mimeo.com was ranked No. 1,320 out of the 5,000 fastest-growing private companies in the country with a growth rate of 270.6 %. The company was also recognized as the 76th fastest growing business services company in the country.
"It's an honor to be recognized by such a prestigious and well respected organization such as Inc. Magazine," stated Adam Slutsky, Chief Executive Officer of Mimeo.com. We are proud of the hard work and determination our company puts forth everyday which has allowed us to grow and build our company at the rate we have. We have aggressive plans to continue our growth through expansion in the development of new technologies, product development, and sales and marketing initiatives," said Slutsky.
This award comes on the heels of Mimeo.com's close of a $25 million round of financing led by Goldman Sachs Principal Strategies Group. The company plans to use the funds to fuel expansion in new technologies, product development, and sales and marketing initiatives.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. Qualifying companies are U.S.-based, privately held businesses with revenues of at least $200,000 in 2003 and $2 million in 2006.