Houston, TX (Gawkwire.com) Inc. has ranked HostGator the 21st fastest-growing private company in the country this week on its prestigious Inc 5000 list. HostGator is a leading provider of web hosting services including shared hosting, reseller hosting, and dedicated servers.
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
HostGator revenue grew by 5297% during the measured period. In addition to being ranked #21 overall, HostGator was also ranked #1 for growth in the Houston metro, #2 for growth in the Business Services category, and #1 for growth within the state of Texas.
The Houston-based company had revenues of $18,700,000 in 2007 compared to revenues of $326,000 in 2004 and projects revenues over the next 12 months will reach $50,000,000. Since moving to Houston in 2006, HostGator has created over 155 positions for highly skilled technicians and systems administrators. It recently completed renovations to accommodate a large increase in hiring activity and expects to add at least 100 new employees in Houston over the next few months.
"I started the company with a $1,000 budget from my dorm room in Boca Raton, FL. Today the owners of more than 1.3 million websites depend on our hosting service. We are extremely proud of our strong past growth, but we’re really only getting started," commented Brent Oxley, HostGator’s Founder and Chief Executive Officer. Oxley, who turned 25 in March, attributes the growth of the company to its commitment to customer service and dedication to providing customers with the best web hosting experience in the hosting industry.