Carahsoft is honored to be recognized for our outstanding performance by the industry, trade press and, most importantly, our partners.
RESTON, VA, October 11, 2010 – Carahsoft Technology Corp., the trusted government IT solutions provider, today announced that it has been ranked #15 on the fastest-growing company on the Washington Business Journal's 2010 list of the 50 Fastest Growing Companies in Greater Washington.
With an average annual growth rate (2007-2009) of 60.2%, Carahsoft earned its place on the prestigious list for the fourth consecutive year. Moreover, its 2009 revenue of more than $585 million was the highest posted by all companies ranked on this year’s list.
“We are honored to be recognized as one of the area’s top performing companies,” said Craig P. Abod, Carahsoft president. “We thank our manufacturer, reseller, and consulting partners and our government customers who make our sustained growth possible, and our team members who provide unparalleled sales, marketing, technical and contracting expertise.”
To make the 2010 Fastest Growing Companies list companies must be based in the Greater Washington D.C. area and have 2007 revenue of more than $2 million and 2009 revenue of more than $10 million. Rankings are based on average annual growth rates calculated by averaging the annual growth rate between the first two years with the percentage growth rate from the last two years.