Boundless Network Ranks Second on Austin Fastest Growing Companies List
Promotional Products Company Attributes 340 Percent Growth Rate to Culture, Technology
AUSTIN, Texas – October 30, 2008 – Boundless Network, a technology-enabled promotional marketing distributor, today announced that it was ranked second on the Austin Business Journal’s Fast 50 list of the fastest growing companies in Central Texas, in the more than $10 million in revenue category. Boundless Network posted an average growth rate of 340 percent from 2005 to 2007.
Boundless Network Founders CEO Jason Black and COO Henrik Johansson launched the company in 2005 – since that time, the company has undertaken a successful nationwide expansion from a single location to 18 regional offices located coast-to-coast across the US. In three years, Boundless Network has grown from two to more than 150 employees; 70 are located in Austin. During the past 12 months, the company has completed six acquisitions.
According to Austin Ventures partner Tom Ball, “Boundless’ unique model leaves the company well positioned for future growth despite the current economic crisis.” Ball told the ABJ, “Suppliers want to work with them, the kinds of business practices they have, the company culture they have. All of [these things] make them unique.”
Boundless Network was recently recognized as the No. 6 best place to work in the promotional products industry. There are more than 16,000 promotional products in the advertising specialty industry.
In 2009, Boundless’ technology platform and financial strength will enable the company to continue recruiting top professionals and acquiring top promotional products distributors with revenues between $2 million and $10 million located in key regions throughout the country.
“We have an innovative sales organization that is using our technology platform to their advantage. They are positioning themselves to retain and increase business with those clients who are looking to save money in this recessive economy,” said Jason Black, Boundless Network CEO.
About Boundless Network
Venture-backed Boundless Network is transforming the $20 billion promotional marketing industry through a highly trained, professional sales organization and proprietary technology that empowers companies to proactively manage their promotional spend. Our patent-pending technology platform connects buyers across organizations to create efficiencies of scale and reduce the cost of branded merchandise by as much as 40 percent. Boundless Network’s award-winning professional development and training opportunities help the company to attract the top one percent of sales professionals. To learn more about joining Boundless Network, visit http://www.boundlessnetwork.com/join.