This originally appeared on PRWeb.
SASKATOON, SK (November 15, 2016) – For the second year in a row, Vendasta is named as one of Canada’s fastest growing technology companies in the 19th annual Deloitte Technology Fast 50™ awards for demonstrating bold innovation, dedicated leadership and strong growth. Vendasta ranked #49 with a 252 percent in revenue growth from 2012 to 2015.
The Deloitte Technology Fast 50 program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
Vendasta’s CEO, Brendan King, credits the company’s expanding marketplace of essential digital solutions for local businesses and its far-reaching partner distribution network with the company’s 252 percent revenue growth. King said, “Vendasta’s vision is to be the #1 platform for selling digital solutions to local business. We do this by empowering our partners, media companies and agencies, with a white label sales, marketing and fulfillment platform. Currently seven of the top ten media companies in North America use our platform. These companies have an army of salespeople, currently 7,800 feet on the street, and are using our platform to market to over 600,000 local businesses. It is through the success of our partners that we have been able to make the Deloitte Fast 50 list for the second year in a row.”
“Fast 50 companies are the cutting-edge innovators leading the technology industry in Canada,” said Anders McKenzie, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.