iotum Ranks No. 40 on the 2016 PROFIT 500 – PROFIT and Canadian Business unveils 28th annual list of Canada’s Fastest-Growing Companies

Toronto, ON, September 26, 2016 – Canadian Business and PROFIT ranked iotum No. 40 on the 28th annual PROFIT 500 (#16th in Toronto), the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”

“The most exciting thing for us is that we are one of the fastest growing companies in Toronto. is such a great product – I’d love to see Toronto get behind it as the local favourite for web meetings.” says CEO, Jason Martin.

This is the third year in a row iotum has made the PROFIT 500 list. iotum made the 2015 PROFIT 500 list with five-year revenue growth of 2,614 percent and 2014 PROFIT 500 list with 1,269 percent revenue growth.

iotum is a leading provider of conferencing solutions, whose flagship product re-launched at the end of 2015 and has seen impressive growth over the past 5 years. With new features including free no-download video conferencing, free no-download screen sharing and free unlimited audio dial-in conferencing, is quickly becoming the preferred conference calling and web conferencing platform.

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About PROFIT and

PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.

About iotum

A leader in teleconferencing and group communications solutions, iotum is committed to building cutting-edge products and services that enhance remote collaboration and communications for organizations of any size. Each of iotum’s offerings is an affordable, reliable and feature-rich conferencing alternative to competing services that are either inexpensive and featureless or feature-rich but overpriced. The company’s flagship product, serves over a billion minutes a year of all–digital conference calls.

With offices in Toronto and Los Angeles, iotum is led by a leadership team with deep roots and experience in the technology industry. For more information about the company, its team, solutions and services, please visit

Media contact

Sarah Jezek
VP, Marketing