Santa Clara, California (PressExposure) March 29, 2011 -- Infostretch Corporation, a leading provider of software quality and mobile services, today announced that it has been named among "Hottest Companies in Silicon Valley" by Lead411.
The "Hottest Companies in Silicon Valley" award is based upon yearly revenue growth percentage from 2007 to 2009 for US-based private companies with more than $3M in revenue. Infostretch registered a growth of 152% during this period, and has become a leading provider of mobile certification services to app stores, carriers, enterprises and OEMs.
"This year, the Silicon Valley List was exceptionally difficult," said Tom Blue, CEO of Lead411, "so many companies received large amounts of funding which led to a much larger list than normal". Their "Hottest Companies" awards have been created to recognize these fast growing companies in different geographic regions. This particular list originally started with over 4000 companies and it has been narrowed down to the top 102.
"We are glad to be recognized as one of the hottest companies in Silicon Valley," said Rutesh Shah, CEO. "We have seen a strong growth year after year since 2005, even in times of economic recession. The main catalyst for our growth has been our focus on developing domain knowledge and sharing it with the community. This has helped us establish ourselves as thought leaders in the industry".
Recently, the company was included in Silicon Valley Business Journal's "Fast Private" list, where it was ranked among 20 fastest growing companies in Silicon Valley. Lead411 previously ranked Infostretch among 200 fastest growing companies in 2010, while Inc. 500 ranked Infostretch at 226 in the industry.
Lead411 provides information, news, and research about U.S. companies and their executives. Founded in 2001, its goal has been to focus on quality corporate data that is valid and useful rather than producing as many company records as possible. In addition, Lead411 tracks company news in order to alert its customers about venture financing, new hires, hiring plans, etc. Customers include Gartner, Administaff and ADP.