QASymphony Makes the Inc. 5000 List for the Second Consecutive Year

For the second year in a row, QASymphony has earned a spot on the Inc. 5000 list of the fastest-growing companies in America. This year, QASymphony ranked No. 230 overall and No. 1 in Atlanta. QASymphony is one of only six companies in the “software” category that has made the list more than once. It’s not easy to double revenue for two consecutive years!

This year’s Inc. 5000 ranking system is based on the percentage of revenue growth qualifying companies saw from 2014 to 2017. QASymphony recorded revenue growth of 2,053% over the last three years. To put that in context, the three-year growth average of all companies on the 2018 Inc. 5000 list was 538.2 percent. It’s no surprise, then, that Inc. said this list shows “staggering growth” compared to previous years.

The Inc. 5000 list ranks the fastest-growing small and mid-sized businesses in the U.S., who are leading in both revenue growth and job creation. And each year, it gets harder to make the list. Collectively, the companies on this year’s list amassed $206.2 billion in revenue in 2017, up a staggering 158 percent from $79.8 billion in 2014. These companies have created 664,095 jobs over the past three years. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names were previously on the list.

How We Made the List

In addition to revenue growth of 113 percent, in 2017 QASymphony hit some major milestones. Highlights include:

  • Grew customer base by 33 percent, including numerous Global 2000 customers
  • Opened a London office to support growing international demand
  • Raised $40 million in a Series C round of funding led by New York’s Insight Venture Partners
  • Named the 8th fastest-growing private software company in America on the Inc. 5000 2017 list
  • Created an external Innovation Advisory Board to support rapid product innovation in 2018 and beyond
  • Increased R&D spend by more than 80 percent
  • Named one of the best places to work in Atlanta by the Atlanta Business Chronicle

It’s an honor to be on the list again this year, but we know this is only the beginning for QASymphony. Already in 2018, we have invested significantly in product innovation, with a major release in March designed to help enterprises prioritize quality and increase speed to market in agile and DevOps environments.

In June, we announced plans to merge with global continuous testing leader Tricentis and create the first end-to-end testing solution for DevOps. Our combined product stack is positioned to become the leading continuous testing platform for large enterprises.

About the Inc. 5000 list

This year’s Inc. 5000 ranking system is based on the percentage of revenue growth qualifying companies saw from 2014 to 2017. For consideration, companies needed to be private, for-profit, independent and U.S.-based as of December 31, 2017. The companies must have also been incorporated by March 31, 2014 with a minimum revenue of $200,000 for that year and $2 million for 2017.

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