Aug. 19 /PRNewswire/ -- Inc. magazine has ranked Centro, LLC. NO. 119 on its 28th annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle, and hundreds of other powerhouses gained early exposure as members of the Inc. 500.
"Being recognized by Inc. magazine along with the other distinguished Inc. 500 companies is truly an honor and a privilege," said Shawn Riegsecker, Centro founder and president. "Our amazing staff has worked incredibly hard to serve our clients, develop revolutionary software and make Centro the company it is today. I credit the growth and success of our company to each and every one of them and hope to continue the incredible momentum we've built in the last few years."
"If you want to know which companies are going to change the world, look at the Inc. 500," said Inc. editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 500 list isInc. magazine's tribute to American business ingenuity and ambition."
Centro was created to streamline online media buying and planning for ad agencies and publishers. In 2008, Centro helped 213 agencies develop and execute successful online advertising on behalf of 456 advertisers and currently has more than 9,600 media companies indexed in its proprietary software. With just over 100 employees, Centro continues to experience growth after the 1,418.7% growth rate from 2005 to 2008. Inc. Magazine also ranked Centro 7th on their List of the Top 100 Chicago area companies and 14th on their Top 100 Advertising and Marketing list. For more information, see the company's profile on www.inc.com.
The 2009 Inc. 500, unveiled in the September issue of Inc. magazine (available on newsstands August 17 to November 15) and on Inc.com, reported aggregate revenue of $18.4 billion--up significantly from last year's $13.7 billion--and a median three-year growth rate of 880.5 percent. The companies on this year's list are also responsible for creating more than 55,000 jobs since their founding, making the Inc. 500 perhaps the best example of the impact private, fast-growing companies can have on the overall U.S. economy. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
Centro enhances the success of advertising agencies by helping them develop and execute comprehensive local digital solutions. Using their proprietary technology platform, Centro streamlines the complex process of buying and selling online advertising among hundreds of national and regional agencies and thousands of local online publishers. With eleven offices across the US, the Chicago-based firm services more than 450 advertisers through their respective agencies and has more than 9,600 digital media companies indexed in Transis, its automated media buying and execution software.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
For further information: please visit www.centro.net.