FastSpring's Deloitte Technology Fast 500 award
"FastSpring's inclusion on the list highlights 2015 as an especially exciting year for us -- one that included continued growth and expansion, additional awards for customer service, and our tenth year in business."
Santa Barbara, CA (PRWEB) November 16, 2015
Digital commerce leader FastSpring (FastSpring.com) announced today that it has been named to Deloitte’s prestigious 2015 Technology Fast 500™ (Fast500.com), which ranks the fastest growing technology, media, telecommunications, life sciences, and energy technology companies in North America. The Technology Fast 500 rankings for 2015 are based on percentage of revenue growth from fiscal year 2011 to 2014, and FastSpring has been ranked number 412 on the list, with a growth of 154 percent.
"We're privileged and delighted to have been named to the Deloitte Technology Fast 500 list," said Chris Lueck, CEO of FastSpring. "FastSpring's inclusion on the list highlights 2015 as an especially exciting year for us—one that included continued revenue growth and expansion, additional awards for customer service, and our tenth year in business. We look forward to continuing this pattern of growth and innovation in the months and years to come."
FastSpring is one of the fastest growing e-commerce, subscription management and billing platforms, and is uniquely designed to meet the needs of software, SaaS, and other online service companies worldwide. Lueck credits FastSpring’s explosive growth to its platform’s ease of use, end to end features, global reach, and support capabilities for companies of all sizes. 2015 also saw the company continue its reputation for superb customer service, where it received multiple industry awards and honors.
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level—be it towards introducing new solutions or entering new markets—and with it make important and long lasting impressions on the technology market as a whole.”
Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent. This is FastSpring’s fourth appearance on the list, as the company was also included among Technology Fast 500™ award-winners in 2011, 2012, and 2013.
An awards reception honoring companies on the 2015 Deloitte Fast 500™ list took place on Thursday, November 12, 2015 in Santa Monica. For more information, or to view the Deloitte Technology Fast 500™ list in its entirety, please visit http://www.Fast500.com.
About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies—both public and private—in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
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 four years and be headquartered within North America.
About FastSpring
FastSpring is a complete e-commerce solution for billing and payments specifically designed to meet the needs of software, subscription management, SaaS, and other online service companies. FastSpring creates a seamless, fully branded purchasing experience that provides a variety of crucial services, including: intelligent gateway routing logic for optimum card acceptance; developer support; localization; multiple payment methods; in-app purchases; relationship & rights management; fraud and chargeback management; sales tax and VAT collection; robust reporting; and award-winning customer service.
FastSpring’s awards and honors include multiple Stevie Awards, CODie Awards, and inclusion in the Inc. 500 and Software Magazine Top 500 lists, in addition to multiple appearances on the Deloitte Technology Fast 500™ list. To find out more, please visit http://www.FastSpring.com.
For more information on FastSpring, please contact Christina O’Toole, at (805) 259-3557 or cotoole(at)FastSpring(dot)com.
All companies referenced in this press release, including FastSpring® and more are the trademarks of their respective owners.