From the Wires
Smarsh Named to Deloitte’s 2012 Technology Fast 500™ for the Fourth Consecutive Year
By: Business Wire
Nov. 27, 2012 01:06 PM
Smarsh, the managed service leader in secure, innovative and reliable email archiving and compliance solutions, today announced it has been named to Deloitte’s Technology Fast 500™ for the fourth consecutive year. Smarsh ranked No. 200 on this year’s list, which features the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
“We’re seeing more and more organizations of all sizes turning to cloud solutions for archiving email and other forms of electronic communication, like social media, instant messaging and text messaging,” said Stephen Marsh, Smarsh founder and CEO. "This achievement is further recognition that our ability to stay ahead of the latest communication types and provide an all-encompassing solution for organizations’ message compliance, e-discovery and recordkeeping needs is exactly what the market needs.”
“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011, and Smarsh registered 436% revenue growth during that span.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Smarsh® provides hosted solutions for archiving electronic communications, including email, instant messaging and social media platforms such as Facebook, LinkedIn and Twitter. Founded in 2001, Smarsh helps organizations manage and enforce flexible, secure and cost-effective compliance and records retention strategies. For more information, visit www.smarsh.com or follow Smarsh at www.twitter.com/SmarshInc.
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