Recognized by Lead411 as One of the Fastest Growing Tech Companies in the Greater Boston Area
CAMBRIDGE, MA – July 15, 2014 – InsightSquared, the award-winning provider of business analytics software for small and midsize companies, was recently recognized by Lead411 as one of the fastest growing technology companies in the Boston area in the recent release of the “Hottest Companies in Boston” award.
For over 13 years, Lead411’s technology and research team scours the web daily to find information about fast growing companies. Each day they look at press releases and news stories like venture financings, company launches, hiring plans, etc. This has given Lead411 insight on the hottest companies in the US and the ability to create such an extensive award program.
This year, the list originally started with over 1,400 companies and was narrowed down to the top 62. “Our 2014 award winners might be our best selection ever,” said Tom Blue, CEO of Lead411. “It seems like there is no better time to be a tech entrepreneur. There are so many startups succeeding right now and it is reflected in these awards. We expect to see large growth and ‘big things’ from this group.”
All of the companies who made the list must be in either the Software, Wireless, Internet, Hardware, or Media Industry, and be a privately held organization within the Boston Region. From there, each company must additionally meet one or more of the following requirements: 100% increase in revenues over the past two years or over $3M in funding in the past two years.
Within the past year alone InsightSquared experienced exponential growth with annual sales growing 20x for its Salesforce analytics product. InsightSquared also relocated to a new office that is triple the size of their past location to accommodate the rapidly growing number of new employees. “We are honored to receive this award,” said Fred Shilmover, CEO of InsightSquared. “Our reputation for powerfully simple and affordable business analytics is a huge part of this growth. However, none of it would be possible without our incredible employees, customers, and partners within the Salesforce community.”
Lead411 provides information, news, and research about U.S. companies and their executives. Founded in 2001, its goal has been to focus on quality corporate data that is valid and useful rather than producing as many company records as possible. In addition, Lead411 tracks company news in order to alert its customers about venture financing, new hires, hiring plans, etc. Customers include Gartner, Administaff and ADP.
InsightSquared is the innovative leader in Salesforce Analytics and modern business intelligence for sales and marketing. Unlike legacy Business Intelligence platforms, InsightSquared can be deployed affordably in less than a day without any integration costs and comes preloaded with reports that real business people can use. Hundreds of companies and thousands of users around the world use InsightSquared’s award-winning analytics to maximize sales performance, increase team productivity and close more deals. Based in Cambridge, Mass., InsightSquared was recently named one of the “Best Places to Work in Massachusetts” by the Boston Business Journal and “Top Places to Work 2013” by The Boston Globe. For more information, visit insightsquare2.wpengine.com.
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