Arlington, VA — Capterra, the leading online destination for business software buyers, announces that it has been named to the Inc. 500 list of fastest-growing privately held companies. The list is featured in the September issue of Inc. magazine.
Capterra distinguished itself by growing 633% from 2003-2006, the qualifying period for this year's Inc. 500 list.
Each year, over a million people around the world use Capterra to research software for their organization. For many, a first stop at Capterra means that they broaden their choices beyond the two or three most well-known solutions for that business application. Indeed, Capterra has built a database of nearly 10,000 software vendors, which benefit from online lead generation using a cost-effective Pay Per Action model.
"Making the Inc. 500 is a great milestone for Capterra¿one that demonstrates the exciting growth that we have experienced," says Michael Ortner, the company's President and cofounder. "Recognition of our success by Inc. is a high point in a year full of new initiatives and programs for Capterra."
Founded in 1999, Capterra is a rare survivor of the so-called "Internet bubble." Its success is especially remarkable since the company's growth was funded without any venture capital. The fact that it survived the boom-and-bust cycle of Internet companies started in the `90s puts Capterra in select company.
Capterra exists to solve two related problems in the business software industry. "As a buyer, the process of selecting the right software is a difficult and time-consuming one, and often ends with a solution that is far from ideal. On the other side of the equation, software companies spend too much money trying to market and sell to these buyers," said Ortner.
Bringing the two parties together online seemed like a perfect solution. "What kept us going was our dedication to the idea. We knew it made sense theoretically. We just had to be persistent and figure out how to make it work," says Ortner. "The Internet industry isn't really that different from other traditional industries. It's all about creating a great product that provides clear benefits to your customers."