CodeStringers Ranks No. 12 on Inc. Magazine’s List

Another Santa Cruz Tech company is making some waves not just here in Santa Cruz but statewide. CodeStringers is listed as No. 12 on Inc. Magazine’s list of California’s Fastest-Growing Private Companies.

We caught up with CodeStringers CEO, Michael Manzo to get his response and to learn more about what is next for CodeStringers.

“CodeStringers is committed to build world-class software for our clients,” said Michael Manzo. “We are humbled to have been named to the Inc. 5000 Regionals: California list along with many other world-class companies. This recognition of our success illustrates that our core values - innovation, craftsmanship and integrity - matter to our clients.” - Michael Manzo

SCW: Michael, what is next for CodeStringers?

Manzo: As to what’s next, CodeStringers operates two business units: products and outsourcing. The award from Inc. is related to our outsourcing business as our product, FileString (www.filestring.com), a cloud-based service that helps professionals track recipients’ use of and maintain control over confidential files, is pre-revenue. Later this year, FileString is expected to become “commercial” in that we’ll begin charging for the product and we’ll continue to add new functionality to enrich the experience and value for users. Our outsourcing business is continuing to grow and we’re currently looking for a couple of new clients as we’ve had a couple of engagements wrap up in the past six months.

Read the full press release below:

California, March 16, 2021 – Inc. magazine today revealed that CodeStringers is No. 12 on its second annual Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment—its independent small businesses.

“The CodeStringers team is thrilled to have been named number 12 on the 2021 Inc. Magazine’s List of California’s Fasted-Growing Private Companies,” said Michael Manzo, CEO of CodeStringers. “This award is a direct result of the proven effectiveness of our ‘Onshore Leadership, Offshore Budget’ business model and the innovation, craftsmanship and integrity we deliver in building software.”

The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.

Complete results of the Inc. 5000 Regionals: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/californiastarting March 16, 2021.

“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”