Toronto (September 14th, 2017) Canada Business and Profit today ranked iotum inc. No. 39 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of the Maclean’s magazine and at CanadaBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
iotum inc. made the 2017 PROFIT 500 list for the 4th year in a row with a five-year revenue growth of 1783%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 Program Manager. “This year’s winners demonstrated the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada – and the world – needs more entrepreneurial success stories like these.”
“iotum is becoming a perennial on the PROFIT list,” says Jason Martin, iotum’s CEO. “It’s the best Canadian tech firm you’ve never heard of, but you probably know our brands FreeConference.com, TalkShoe and – soon – Callbridge.”
Over the past 5 years, iotum inc. has received a number of notable awards, including making the PROFIT 500 list 4 years in a row, placing within the top 10 fastest growing tech companies in Canada (2 years in a row) on the Deloitte Fast50, and the INC5000.
iotum is fiercely growing, further expanding its footprint in the communications sector. Following the relaunch of FreeConference.com in 2015 with web conferencing features built on WebRTC, the company is set to launch Callbridge, a white label solution built for the enterprise later this year. In early 2018 Talkshoe.com will be relaunched rounding out their suite of products.
About the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of the entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadaBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com
A leader in teleconferencing and group communications, iotum builds cutting-edge products to enhance remote collaboration for organizations of any size. Each of iotum's offerings is an affordable, reliable and feature-rich alternative to conferencing services that are either inexpensive and featureless or feature-rich but overpriced. The company's flagship product, www.FreeConference.com serves over a billion minutes a year of all–digital conference calls.
With offices in Toronto and Los Angeles, iotum is led by a leadership team with roots and experience in the technology industry. For more information about the company, its team, solutions, and services, please visit www.iotum.com.
FreeConference.com is the original free conference calling service. A pioneer in offering free and reliable teleconferencing solutions, today FreeConference serves over a billion minutes a year of all-digital conference calls and web meetings to businesses and individuals requiring top-tier performance at little or no cost. Leading the industry with innovative value, FreeConference offers a more complete set of free audio and web conferencing features than any other provider, setting the standard in free conference calling and video conferencing. FreeConference is committed to providing reliable and affordable tools for gathering groups of every size, no matter their location, quickly, conveniently, and without restrictions.
FreeConference is a service of iotum, a global leader in teleconferencing solutions. For more information, visit www.FreeConference.com.
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