Arlington, VA — Capterra, Inc., the leading online destination for business software buyers, announces that it has won three prestigious awards in the second quarter of 2008.
The company has just received recognition from:
- Entrepreneur Magazine, ranking #69 on its national "Hot 100" list
- The Virginia Chamber of Commerce, ranking #11 in their Fantastic 50 Awards, sponsored in part by Virginia Business Magazine and profiled in the May issue of the publication
- The Washington Business Journal, as one of its "Best Places to Work 2008"
"All three of these represent hard-earned milestones in our story. I'm proud of each one, but especially the `Best Places to Work' designation. That means a lot to me because it's based not just on our growth, but how we've accomplished it¿with respect and ongoing appreciation for our employees' contributions," says Michael Ortner, Capterra's President and Founder.
Capterra opened its doors in 1999, and became a rare survivor of the dot-com bust soon thereafter. With an initial investment of $400,000, the company turned a profit in 2003 and made its first million in 2005.
Entrepreneur Magazine discovered Capterra through its annual search for the hottest companies, using CentrisPoint's database of nearly 21 million U.S. businesses. Only 64,000¿or 0.3 percent¿met baseline criteria to be considered for the list. Then, Entrepreneur determined eligibility by establishing that companies were not a spinoff or division of a larger corporation, that sales were at least $1 million in 2007, and their founders are still actively involved in running their businesses. Capterra's selection was announced in the April issue of the magazine.
The Fantastic 50 search is conducted in cooperation with the Virginia Chamber of Commerce and winners are profiled in the May issue of one of the Award sponsors, Virginia Business Magazine. Companies were ranked by four-year growth rates, from 2003 to 2006. Auditors confirmed candidates' eligibility, based on requirements that revenues must be between $200,000 and $100 million, and demonstrate positive revenue growth and positive net income in their most recent fiscal year, compared to the previous one. Capterra accepted its Fantastic 50 Award on May 1st.
The Washington Business Journal's Best Places to Work in Greater Washington honor will be awarded on June 13, followed by an article describing the contest and the honorees in the June 20th issue of the publication.