Mesosphere, a hybrid cloud platform company, has been ranked 32nd on Inc. magazine’s 37th annual Inc. 5000, the ranking of the nation’s fastest-growing private companies.

With revenue growth of 7,507.4%, Mesosphere is also named the third fastest-growing software company in the U.S. The list represents a look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

“As the leader in hybrid cloud computing and container operations, we’ve been relentless in our pursuit to deliver the best technology for our customers’ multi-cloud, IoT, edge computing and machine learning projects,” said Florian Leibert, CEO and co-founder at Mesosphere.

“It’s an honor to see those efforts recognized by Inc. 5000, and we look forward to continuing to make world-changing technology incredibly easy for enterprise companies,” Leibert added.

The 2018 Inc. 5000 achieved three-year average growth of 538.2% and a median rate of 171.8%. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

The annual Inc. 5000 event honoring the companies on the list will be held October 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort, in San Antonio, Texas.