M5 is Among the Inc. 500 | 5000 Fastest Growing Companies
We are very proud to share that once again, M5 Networks, now ShoreTel's Cloud division is among the Inc. 5000 fastest growing private companies. The ranking was based on M5 Network’s financial performance, prior to its acquisition by ShoreTel in March 2012, showing sales growth of 109% over three-years. This is our seventh consecutive appearance and as part of ShoreTel, a public company, it will be our last. We want to thank our customers for helping us, once again earn a spot among these prestigious company. We have found that by providing excellent service along with innovative solutions, we can turn our clients into advocates and outpace the market in terms of revenue growth.
We'd like to congratulate the other exciting companies that were included in this year's list. In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains at an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. This is the result of a lot of optimism and hard work. Well done!