09 Nov MomentFeed Named As One of the Fastest Growing Companies in North America in 2017 on Deloitte’s Technology Fast 500
The results are in, and we’re excited to announce another huge milestone today – MomentFeed has been recognized for its rapid growth in Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. This is MomentFeed’s first inclusion as a Technology Fast 500™ award winner coming in at 110 on the list. We’re proud to one of the few companies representing Santa Monica and Silicon Beach.
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent. MomentFeed, in particular, grew 1,247% percent during this period.
“This achievement marks another milestone in our mission to empower multi-location businesses to continuously and predictably capture more sales through mobile.” said Robert Blatt, MomentFeed’s Chief Executive Officer. “This validates that our mission to be the best partner our clients ever have and the best place our employees ever worked delivers great results – for our clients, our partners and our entire team.”
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 and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered in North America.