Datto Ranks As No. 1 Fastest Growing Company in Tri-State Area on Deloitte’s 2014 Technology Fast 500
Nov 13, 2014
Business Continuity Vendor ranks 29th in North America with staggering 5944% growth rate. Datto, the preferred global provider of hybrid cloud-based backup...
NORWALK, CT – Datto, the preferred global provider of hybrid cloud-based backup, disaster recovery (BDR) and Intelligent Business Continuity (IBC) solutions for the Channel available in both physical and virtual platforms, today announced it ranked as the No. 1 fastest growing company in the tri-state region on Deloitte’s 2014 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. With a staggering 5944% growth rate over the last four years, the business continuity leader also boasts a No. 29 ranking in North America.
Datto founder and CEO Austin McChord, credits the company’s innovative products, supportive Partner base and talented workforce with the incredible revenue growth. McChord said, “Each day our goal is to create top of the line, reliable and robust products that mitigate the chance of downtime for our 8,000 global Partners. Receiving such an influential honor truly illustrates the company’s passion for what we do and how we service our customers. As the first responders of disaster recovery we take pride in protecting the data of small to medium-sized businesses around the world and we’re thrilled to be recognized for our growth and commitment to our Partners and their customers.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.” “For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
About Deloitte’s 2014 Technology Fast 500™ Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
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.
About Datto Datto Inc. is the preferred global provider of hybrid cloud-based backup, disaster recovery (BDR) and Intelligent Business Continuity (IBC) solutions for the Channel, available in both physical and virtual platforms. Datto provides best-in-class technology and 24/7/365 Tech Support to its 8,000 partners worldwide. Visit www.datto.com for more information. *Pictured: Datto’s Erin Turner (VP of Finance) and Michael Fass (General Counsel) accept award.