Keyfactor has been recognized on the 2024 Inc. 5000 list for the fifth consecutive year – testament to the company’s growth.
Jordan Rackie, CEO, Keyfactor, said: “While we’re thrilled with our results to date, our future excites us most. This year marks a pivotal moment in the market ahead of the National Institute of Standards and Technology (NIST)’s finalization of three post-quantum cryptographic (PQC) algorithms, making PQC readiness a growing priority for business leaders globally. Our growth continues to climb as more businesses look to Keyfactor to establish crypto-agility and foster a PKI environment that can easily discover inventory and properly manage machine and non-human identities to ensure a seamless PQC transition.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.
Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637%.
Over the past 12 months, Keyfactor’s exponential growth has been exemplified by significant milestones and corporate achievements, including surpassing $100 million in annual recurring revenueannouncing a significant minority investment from Sixth Street Growth at an enterprise value of approximately $1.3 billion.
