Loop1 ranks #5 on the Fast 50 list with 100% growth in revenue from 2011 to 2013.
Austin, TX – October 21, 2014 – Austin, Texas based Loop1 Systems Inc., a global IT Services company, was named the fifth fastest growing company in Central Texas by the Austin Business Journal. The Fast 50 list is comprised of the 50 fastest growing companies in the Central Texas area. This year’s list included companies such as Kendra Scott Design, Phunware and Jobs2Careers.
There were 25 winners in the small category featuring companies under $10 million in annual revenue, and 25 winners in the large category, which is reserved for companies with more than $10 million in annual revenue. Loop1 Systems ranked #5 in the large category with 100% growth in revenue from 2011 to 2013. This honor comes on the heels of the company being ranked #587 on the Inc. 5000 list in August of this year.
“It has been quite the year for Loop1 Systems. To be recognized at the national level by Inc. Magazine and at the regional level by the Austin Business Journal is truly an honor.”, said Don Kinnett, founder and CEO of Loop1 Systems. “I can’t thank the team we have here enough. What this company has accomplished since we started five years ago is remarkable, and I am extremely excited about the future of Loop1 Systems.”
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.