HopStop, the leading provider of pedestrian navigation and mobile transit routing, today was named No. 1,182 on Inc. Magazine's fifth annual Inc. 500|5000 list, an exclusive ranking of the fastest growing private companies in the United States. The list represents the most comprehensive look at one the most important growth segments of the economy — America's independent entrepreneurs.
"We're extremely honored to be included in this year's Inc. 500|5000 and recognized as one of the fastest growing private companies in America," said Joe Meyer, CEO of HopStop. "We're very proud of our 250% sales growth over the last three years, and look forward to even more growth moving forward as we continue to innovate in the field of pedestrian navigation both online, as well as across all of our popular mobile apps."
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.