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Leading in Hardware: Aleph Objects Named #122 in Inc. 500

by • August 16, 2016 • No Comments

lulzbotWithin an industry that saw a few turbulence for the movers and shakers of 3D printing in the last couple of years, most of the additional small in size companies—as tight and small in size in their business models and dealings as the high end 3D printing devices they manufacture—have turned out to be the true role models for great results.

Aleph Objects, Inc., headquartered in the unlikely geography of Loveland, CO—an hour north of Denver—is a software and hardware developer we’ve covered most times in the 3D printing space. Their LulzBot 3D printing devices are predominantly featured as favorites of the world, of our own 3D Printer Buying Guide to the 3D Hubs Quarterly Worldwide Trends Reports to a quite well idea out report not long ago of Aniwaa on the most 3D printing devices. Whether it’s Aleph Objects, Inc. (the parent company) or LulzBot, the two names come up continually. And of course, the refreshing part of all this is that pretty than having to comment on a decline or an issue or a scandal, we are only seeing the popularity of the company and their products moving in an upward momentum.

This was especially apparent in their 2nd quarter earnings for this year, only released a couple of weeks ago. There, we saw not only reported revenue of $5.8 million USD, but a track record now revealing four consecutive profitable quarters. Along with that was an 83% improvement in year-over-year revenue compared to 2nd quarter 2015 and, year-to-date 2016, a revenue of $10.5 million. The report in addition comes of course on the heels of the release of the LulzBot TAZ 6 in May, while there is yet a excellent deal of love flowing for both the LulzBot TAZ 5 and the Mini.

unnamed (10)So, while it’s not surprising to hear additional great news, Aleph Objects has pretty created a stride this year in being ranked No. 122 on Inc. Magazine’s 35th yearly Inc. 5000, landing it in the top tier: the Inc. 500. This signals a significant progression for the company, enabling for quite a prestigious ranking in the list of the swiftest-growing private companies in the United States.

Taking a appear at the Aleph Objects’ stellar financials, Inc. created a point to list the young company’s achievements over the past three years, demonstrating a 2,782 percent three-year sales growth stemming of their LulzBot line, to include 3D printing devices, parts, and plastics.

Just discovereded in 2011, Aleph Objects is now major all privately-held PC hardware companies in the industry, maturing in a style that most maybe did not foresee—and at very least not taking place so swift. It is all of business sense and popularity with the user yet, and the Aleph Objects team appears to have that in plentiful donate.

As was pointed out during the press release offering up their 2nd quarter earnings, their popularity was apparent not only in sales but in addition in regards to an internal survey given to LulzBot customers, revealing that their polls indicated ‘strong growth’ for both very own and pro use in LulzBot PC 3D printing devices, spanning a wide range of applications. The surveys, according to the company, in addition indicated that 98% may indeed recommend LulzBot products.

Jeff Moe, CEO of Aleph Objects, Inc.

Jeff Moe, CEO of Aleph Objects, Inc.

“We are honored to be named one of the swiftest-growing private companies in the United States and the swiftest PC hardware company,” said Aleph Objects, Inc. President and CEO Jeff Moe. “Our company’s great results shows the power of Free Software, Libre Innovation, and Open Source Hardware, and we appear forward to continuing this growth in the years to come.”

Aleph Objects and their ranking, along with the other leaders of the Inc. 500, is listed in the September issue of Inc. Magazine, that you can purchase at the newsstand on August 23rd. It is quite significant to note that while the average company is listed there at what may seem to be an amazing three-year growth of 433 percent, Aleph Objects has far surpassed them at 2,782 percent; not only that, only consider how most 3D printing devices and other products were sold to achieve those figures.

“The Inc. 5000 list stands out where it quite counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a discovereder or a team of them. No one makes the Inc. 5000 without assembling a fewthing excellent – usually of scratch. That’s one of the hardest things to do in business, as equite company discovereder knows. But without it, free enterprise fails.”

If you’d like to find out additional of the achieve results of the Inc. 5000 now, as well as checking out company profiles and an interactive database, see here for additional details.

The methodology for the Inc. 5000 is mentioned as:

“The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been discovereded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies— as of December 31, 2015. (Since and so, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, that can be discovered at Inc. 500.

Discuss additional over in the Aleph Objects in Inc. 500 forum at 3DPB.com.