TakeLessons Ranked 2nd Fastest Growing Internet Company in San Diego on Deloitte's 2013 Technology Fast 500™
Attributes 490% Revenue Growth to Platform Expansion, Key Partnerships and New Service Offerings
SAN DIEGO, Nov. 14, 2013 /PRNewswire/ -- TakeLessons, an online marketplace that matches students with the best private instructors, today announced its ranking as the 2nd fastest growing Internet company in San Diego on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. It was also named as the 7th fastest growing company in the San Diego area. TakeLessons grew 490 percent from 2008 to 2012.
TakeLesson's chief executive officer, Steven Cox credits recent partnerships with key businesses like Google, and new business offerings like TakeLessons business management mobile and web applications, for prompting the 490% revenue growth.
"When we launched TakeLessons, we saw a massive opportunity to more efficiently connect local music teachers with students, whether they were in the same location or halfway across the globe," said Steven Cox. "By expanding our platform and scaling based on customers' needs, we've been able to support additional market demands like delivering lessons via live video chat through Google Helpouts and providing marketing and business management tools for teachers, coaches or instructors who need help growing and managing their business. We're proud to be recognized by Deloitte as one of the 500 fastest growing companies in the U.S."
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "This year's list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next."
"The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront," added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. "The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year."
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.
For more information about TakeLessons, visit http://www.takelessons.com. To learn more about the tools available for teachers, visit http://takelessons.com/teachers.
About TakeLessons
TakeLessons is the trusted online marketplace for finding qualified and vetted instructors. At TakeLessons.com students can follow their dreams and fuel personal growth by connecting with the perfect instructor in areas ranging from music, dance and acting to foreign languages, math and photography. Instructors rely on TakeLessons to simplify marketing and manage their business with integrated scheduling, billing, payment, and communication tools that work seamlessly across desktop and mobile devices. Learn more at TakeLessons.com, and engage with us on Facebook and on Twitter @TakeLessons.
About Deloitte's 2013 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 2008 to 2012.
SOURCE TakeLessons
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