Inc. magazine this month revealed that AddOn Networks is ranked No. 188 on the publication's second annual Inc. 5000 Regionals California list, billed as the most prestigious ranking of the fastest-growing California-based private companies.
Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy's most dynamic segment, for independent small businesses.
AddOn Networks is a global specialist in optical connectivity solutions serving data center, enterprise, government, education, and healthcare provider networks. The company notes it operates in over 25 countries through its long-standing commercial channels to provide continuity of supply and world-class service.
AddOn offers a full network catalog of optical transceivers and high-speed cabling products that are 100% compatible in form and functionality across 100 OEM manufacturers, covering more than 20,000 systems and platforms. The company's certified solutions are backed by lifetime warranty and 24/7 global engineering support.
"AddOn Networks is thrilled to be part of the Inc. 5000 regionals list," said Matt McCormick, chief executive officer of AddOn Networks. "It is a moment of pride for us, as we saw double digit revenue growth in the past several years. Our work in the optical networking space speaks volumes, as customers increasingly choose OEM alternative solutions. We will continue to invest in our people, operations, and technology to deliver the best customer experience."
According to Inc. Media, the 250 companies on the list "show stunning rates of growth across all industries in California." In 2019 alone, these businesses employed more than 40,000 people and added nearly $7 billion to the California economy.
"This list proves the power of companies in California no matter the industry," concludes Inc. editor-in-chief Scott Omelianuk. "The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay."