Cloudnexa Places Second as the Region’s Fastest-Growing Businesses

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Cloudnexa, internationally recognized as a premier cloud service provider, has ranked in second place of the prestigious Philadelphia 100® list for 2016.

The Philadelphia 100® has been the hallmark of entrepreneurial achievement in the region since 1988. Each year, the project identifies and honors the 100 fastest-growing, privately held entrepreneurial companies in the Greater Philadelphia region. It is run by the Wharton Small Business Development Center and the Entrepreneurs’ Forum of Greater Philadelphia.

This is a merit-based program, with rankings based on a company’s 3-year revenue growth rate. The integrity of the process and the resulting list make the Philadelphia 100® one of the most sought-after awards in the region.

“We’re proud and honored to receive this recognition as finishing in second place alongside so many impressive companies,” said Joel Davne, CEO of the Philadelphia-based company. “Being cited as one of the fastest-growing companies in the region, along with recently being recognized by Gartner as ‘Cool Vendor in Cloud Management in 2016,’ has made this year a meaningful one for us.

“As we continue to launch new offerings and gain recognition as a thought leader in the cloud service space, we’re confident that 2017 will be even more exciting.” Cloudnexa joins the ranks of such previous winners as Mothers’ Work, Fiberlink, Urban Outfitters, Forman Mills and Primavera Systems.

The winners are feted at the Philadelphia 100® Awards gala, a gathering of the region’s most successful entrepreneurs, business advisors and Philadelphia 100® companies.