Palo Alto, Oct. 25, 2011 (GLOBE NEWSWIRE) -- Revstream Inc. (http://revstreamone.com) made the 2011 Inc. 500|5000 list of the fastest growing private companies in America, ranking 1,137th overall and 95th in the Software Industry category. Over the past 3 years, Revstream Inc. has increased their sales by 262% and more than doubled in size.
This achievement puts Revstream Inc. in an elite group, which has included companies such as Microsoft, Timberland, Vizio, Intuit, Jamba Juice, Oracle, and Zappos.com. In fact, many of today’s most successful U.S. companies received their first national recognition when they appeared on the Inc. list.
Rajiv Chopra, CEO of Revstream Inc. explains, "We are honored to be on the Inc.5000 list of fastest growing private companies in America. Even with a tough economic climate, we, like many other companies in this list, have demonstrated the strong willingness of American entrepreneurs to succeed. I am particularly proud of my team. They contributed to the success of the company which had much to do with winning this award."
The 30th Annual Inc. 500|5000 Conference and Awards Ceremony was held September 22-24, 2011 at the Gaylord National Resort and Convention Center in Washington, D.C. and honored Revstream Inc. as well as the other companies that made the prestigious list.
Revstream Inc., based in Palo Alto, CA, has emerged as the leading provider of advanced revenue recognition and billing automation software solutions for the high tech hardware, software, cloud, digital media and entertainment software industries. It offers Revstream, a suite of enterprise software application solutions for advanced revenue recognition, fair value management and billing automation. It is a comprehensive resource for accessing, reporting, and analyzing revenue financial data, enabling companies to timely and accurately provide US GAAP compliant financial reporting. It is the enterprise standard for revenue management for several of the top fortune 500 companies, processing over $12b+ USD in revenue annually. For more information visit http://revstreamone.com.