MISSISSAUGA, ON – September 12, 2019 – Today Canadian Business and Maclean’s ranked iS5 Communications Inc. (“iS5Com”) No. 88 on the annual Growth 500 ranking of Canada’s Fastest-Growing Companies. Produced by Canada’s premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on their five-year revenue growth. Growth 500 winners are also profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at canadianbusiness.com and growth500.ca.
“The companies on the 2019 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” said Beth Fraser, Growth 500 program manager. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”
“iS5 Communications is thrilled to be on the Growth 500 ranking list for the very first time. We are pleased to announce that iS5Com made the 2019 Growth 500 list with five-year revenue growth of 1107%.” said iS5Com’s CEO Clive Dias. “Earning this recognition not only reflects on the strength of our innovative product line, but the dedication and perseverance of our team.”
Over the past five years, iS5 Communications has not only proved substantial revenue growth, but has also increased its workforce by over 600%—proving to outgrow each of the company’s three headquarters since its inception in 2012.
In 2017, iS5Com announced that it had completed a CDN $22 million round of funding with Phoenix Contact Innovation Ventures GmbH and ClearSky. This funding has been used to further enhance its revolutionary RAPTOR™ platform which had been launched that year, and to develop advanced innovative solutions for securing critical infrastructure communications and networks around the globe.
iS5Com looks forward to the opportunities ahead and is very grateful to be recognized as one of Canada’s Fastest-Growing Companies.
About the Growth 500:
For over 30 years, the Growth 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth 500 profiles the country’s most successful growing businesses. The Growth 500 is produced by Canadian Business. Winners are profiled in a special Growth 500 print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at Growth500.ca and CanadianBusiness.com. For more information on the ranking, visit Growth500.ca.
About Canadian Business:
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
About iS5 Communications Inc.:
iS5 Communications Inc. is a global provider of integrated services, solutions, and a manufacturer of Intelligent Cyber- Security Industrial Communications Platforms. Our products are designed to meet the stringent demand requirements to protect the critical infrastructure communications of utility sub-stations, roadside transportation, rail, and industrial applications. iS5Com’s services and products are key enablers for advanced technology implementation such as the Smart Grid, Intelligent Transportation Systems, Intelligent Oil Field, and Internet of Things. All products have the ability to transmit data efficiently without the loss of any packets under harsh environments and EMI conditions. iS5Com is headquartered in Mississauga, Ontario, Canada.
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EVP Marketing & Customer Solutions