Feb 27, 2024   SOURCE: BusinessWire

With a Two-Year Revenue Growth of 411%, Cloud Range Ranked No. 44 on Inc. Magazine’s List of Fastest-Growing Private Companies in the Southeast Region

Cloud Range, the industry’s leading cyber range solution to reduce exposure to cyber risk across the organization, today announced that it has been ranked No. 44 on the fourth annual Inc. 5000 Regionals: Southeast list due to its 411% revenue growth over the last two years. The list is the most prestigious ranking of the fastest-growing Southeast private companies based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment– its independent small businesses.

“It’s such an honor to be ranked on the Inc. 5000 Regionals: Southeast list,” said Cloud Range’s CEO, Debbie Gordon. “This achievement reflects our growth and commitment to addressing the cybersecurity skills gap and providing innovative cyber range simulation training solutions. Our team’s hard work has been key to our success and we look forward to continuing to contribute and improve the cybersecurity industry, ultimately making organizations more resilient.”

According to “The Life and Times of Cybersecurity Professionals Volume VI,” a 2023 research report by ESG and ISSA, 71% of organizations claim to be impacted by the cybersecurity skills shortage. With an acute shortage of cybersecurity professionals worldwide, organizations are challenged to find, hire, and retain experienced cyber defenders. Traditional education and certifications are not enough, and “on-the-job training” is not an option during cyber attacks. Cloud Range accelerates experience with a full suite of immersive training and simulation exercises, including hands-on labs, assessments and real-world, live-fire cyber attack detection, remediation, and incident response. Just as pilots must train in a flight simulator, Cloud Range uses simulation exercises to improve technical proficiencies and soft skills and reduce the organization’s risk.

The companies on Inc. magazine’s list show a remarkable growth rate across all industries in the Southeast region. Between 2020 and 2022, these 223 private companies had an average growth rate of 166.43 percent; by 2023, they’ve added 20,496 jobs and $8.8 billion to the region’s economy.

“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.

Complete Inc. 5000 Regionals: Southeast results, including company profiles, can be found at inc.com/Southeast.

About Cloud Range

Cloud Range is a pioneer in cybersecurity simulation training, providing the first-ever full-service, customizable cyberattack simulation training solution in the world. Used by enterprise SOC and incident response teams, managed security service providers (MSSPs), governments, higher education institutions, utilities, critical infrastructure, and many other industries, Cloud Range enables organizations to accelerate the cyber defense skills of their cybersecurity professionals using its proprietary simulation training and assessment platform. Customers can train security teams, assess candidates, onboard new hires, and improve cybersecurity team skills, significantly reducing cyber risk. Cloud Range won the CISO Choice Award for security education and training, the Top InfoSec Innovator Award for Cutting Edge Cyber Defense Training, the Fortress Cyber Security Award for Best Cybersecurity Training, and the ASTORS Homeland Security Award for Best Cyber Defense Team Training. Learn more at cloudrangecyber.com.

More about Inc. and the Inc. 5000 Regionals

Methodology

The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.

The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.