ProspX Recognized on list of "Hottest Texas Companies"
Lead411 Selects the Fastest Growing Technology Companies in Texas
AUSTIN, Texas – June 22, 2010 – ProspX, Inc., developer of the only on-demand enterprise search and sales collaboration platform for the commercial insurance industry, today announced that it has been named on the “Hottest Texas Companies” list compiled by Lead411. To be considered a company must be in the software, wireless, internet, or media industry, have less than $100M in yearly revenues, and be within state of Texas. Additional requirements include one or more of the following:
- 100% increase in revenues over the past 3 years
- $3M+ in funding in the past 2 years.
- 2X traffic gains to their website in the past 12 months, and over 1M unique visitors a month.
As a $500 billion per year market, the commercial insurance industry provides services for hundreds of thousands of customers worldwide. To improve the flow of business, ProspX has developed a Software-as-a-Service (SaaS) solution that combines enterprise search, social networking, and sales collaboration technology. The result is a comprehensive solution that automatically connects commercial insurance agents, brokers, and carriers at the initial point of an opportunity, as well as throughout the sales cycle. Using the ProspX platform, brokers can find, connect to, and collaborate with internal expertise as well as external carrier partners who best match their new or renewal business opportunities.
Each day, the Lead411 research team scours through 600+ press releases and business articles including venture capital fundings, company launches, new office openings, customer press releases, etc. This information has given insight to which are the fastest growing companies in the U.S. Their "Hottest Companies" awards have been created to recognize these fast growing companies in different geographic regions. This particular list originally started with over 1500 companies and it has been narrowed down to the top 71.
“We have been tracking fast companies for our customers for the past 10 years," said Tom Blue, CEO of Lead411. “We felt it was important to recognize these growing brands publicly.”
The entire list including more details about the award and winners can be found at http://www.lead411.com/texas-companies.html.
About ProspX
Built for the commercial insurance industry by insurance professionals, ProspX, Inc., headquartered in Austin, Texas, develops on-demand sales collaboration platform that improves productivity and streamlines communications between agencies, brokers, and carriers. Combining the best of enterprise search, social networking and sales collaboration technology, ProspX gives brokers quick and easy access to the critical internal resources available for new and renewal business, while allowing carriers the ability to elevate their message for increased visibility at the initial point of opportunity. For more information please visit www.prospx.com and follow ProspX on www.twitter.com/prospx.
About Lead411
Lead411 provides information, news, and research about U.S. companies and their executives. Founded in 2001, its goal has been to focus on quality corporate data that is valid and useful rather than producing as many company records as possible. In addition, Lead411 tracks company news in order to alert its customers about venture financing, new hires, hiring plans, etc. Customers include Gartner, Administaff and ADP.
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ProspX is a trademark of ProspX, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.
Media Contact:
Jill Ford
jill.ford@prospx.com
(512) 657-8915
