Evolve IP rides the cloud to a third year on the Inc. 5000

When Evolve IP formed in 2007, the cloud was not a familiar technology term. To many, it was the stuff of Joni Mitchell’s “ice cream castles in the air.”

But tech veterans Thomas Gravina and Michael Peterson sensed the coming industry shift to software and services running on the Internet instead of computers. They and a group of co-founders launched their company with $25 million in capital, since refinanced with $44 million in bank loans.

Potential, indeed

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