PORTLAND, OR — (Marketwired) — 08/22/13 — , stopping Internet fraud and identifying good online customers with the world-s most comprehensive device reputation database, today announced that it made the Inc. 5000 list of America-s fastest-growing private companies for the fourth consecutive year. The prestigious Inc. 5000 selects and ranks companies based on revenue growth from 2009 to 2012, and iovation grew 78 percent during that time period. The company joined other prominent brands like CDW, LifeLock and LivingSocial to be featured on this year-s list.
“Making the Inc. 5000 for our 2012 growth is no coincidence, as we made a number of pivotal enhancements to our products, technology and our team that helped drive explosive growth,” said iovation Co-Founder and CEO . “Finding new ways to leverage our technology and intelligence set to enhance our customers- business operations represents the future for iovation, and you-ll continue to see such innovation drive our company-s growth.”
The company experienced rapid growth in 2012 with strategic partnerships with Experian and ID Analytics, the launch of its , and the opening of . This year, iovation has added , which identifies website visitors that are most likely to be trustworthy, and enhanced its flagship anti-fraud service, , with a number of .
Inc. recognized iovation as the 33rd fastest-growing company in the Portland, Oregon metro area and the state of Oregon, and 56th fastest growing in the security industry. To see a complete breakdown of iovation-s ranking on the Inc. 5000, go to .
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
iovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of advanced , shared device reputation and real-time risk evaluation. More than 2,300 fraud managers around the globe leverage iovation-s database of Internet devices and the relationships between them to determine the level of risk associated with any type of online transaction. Retail, financial services, insurance, social network, gaming and other companies make real-time queries to iovation-s knowledge base of more than 1.5 billion devices from every country in the world. Clients also leverage iovation-s Fraud Force Community, an exclusive virtual crime-fighting network of the world-s foremost security experts, to share intelligence about cybercrime and prevention techniques. Every day, iovation stops more than 200,000 fraud attempts. For more information, visit .
iovation Inc.
Connie Gougler
503-943-6748
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