SproutLoud Ranked as One of the Fastest Growing Companies in North America on Deloitte’s Technology Fast 500™ for Second Time
SproutLoud Media Networks announced its inclusion in Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. SproutLoud Media Networks grew 515% during 2012 to earn the #179 position.
SproutLoud’s CEO, Jared Shusterman credits continued innovation and the sales team’s dedication to endlessly seeking and pursuing new clients with the company’s success. He said, “We are thrilled to be part of the list again this year. I’m particularly proud of how our team works collectively to give our clients what they want. The combination of Sales’ continual effort to acquire new clients, Account Management’s team nurturing of our clients’ needs, and our constant focus to foster current clients and expand based on our customers’ needs delight me.”
“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.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of SproutLoud Media Networks for this impressive accomplishment.”
SproutLoud Media Networks previously ranked 27th as a Technology Fast 500™ award winner for 2011.
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.