IRVINE, Calif., Nov. 19, 2018 /PRNewswire/ -- Mavenlink, the leading provider of cloud-based software for the modern services organization, today announced it ranked No. 180 on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Mavenlink grew 541 percent during the period measured.
"We are honored that Mavenlink has once again been recognized for rapid growth," said Ray Grainger, CEO and Co-founder of Mavenlink. "This award is a true testament to our talented team, who work tirelessly to develop our industry-leading technology and deliver a remarkable customer experience every day."
"Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth."
This latest honor continues what has been a strong year for Mavenlink. The company was recently recognized with four different customer-influenced awards, including recognition as a Leader in G2 Crowd's Best Project Management Software grid and Best Professional Services Automation Software (PSA) grid for Fall 2018. In addition, Mavenlink was named a FrontRunner for Project Management software by Software Advice for September 2018 and a 2018 Customer Experience award winner by Software Reviews.
Overall, 2018 Technology Fast 500 companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
To learn more about Mavenlink, visit www.mavenlink.com.
About Deloitte's 2018 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 2014 to 2017.
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 within North America.
Mavenlink is the modern software platform for professional and marketing services organizations. It is the only solution that helps services firms establish an operational system of record that facilitates their business lifecycle, including key capabilities like resource management, project management, collaboration, project accounting, and Business Intelligence. Services organizations in more than 100 countries are improving operational execution, increasing agility, and driving improved financial performance with Mavenlink. Mavenlink was recently named one of the fastest growing companies in North America by Deloitte, is the only solution to be listed as a Leader in both G2 Crowd's Best Professional Services Automation and Best Project Management Software grids, and has been recognized as a Glassdoor Best Place to Work. Learn more at www.mavenlink.com.
CONTACT: Anthony Lam, 415-205-5651, [email protected]