HELSINKI, November 26, 2014 /PRNewswire/ --
Tuxera Inc., the market leader in interoperable file system and streaming solutions, ranked in the top two in this year's Deloitte Technology Fast 50 ranking in Finland. The company saw its revenue grow by astonishing 6,391% or in other words 64 times over the past five years. Tuxera was the clear winner among the software product companies and has the best financial result after taxes in the Top 20.
"We are very happy to see strong growth in both revenues and profit achieved without the need to raise external venture funding. We could not have done it without the support of the great team. Both product development and sales have met expectations and customer satisfaction is very high. Our plan is to stay on the high growth path by expanding business to new products and markets," said Mikko Välimäki, Tuxera CEO. "I hope we'll see many more companies from the Finnish start-up scene join this club soon."
Tuxera has received a lot of recognition in the past few years. Kauppalehti, the leading financial newspaper in Finland, ranks it #6 among over 10,000 Finnish companies based on solid growth and profitability. Tuxera earned the Strongest in Finland certificate four years in a row starting from 2011 due to its strong business standing and future outlook.
Tuxera's focus is on the global market and its revenues are all export driven. The company has offices in Finland, United States, China, Taiwan, and Korea. Its embedded software solutions power the latest phones, tablets, TVs, and storage devices on the market. Biggest customers include Asian consumer electronic manufacturers such as Samsung, LG, Sony, ASUS and Xiaomi as well as the leading car manufacturers worldwide. Every second three new products are launched with Tuxera's software inside.
Deloitte: Technology Fast 50 listing 2014
Kauppalehti: Achiever Ranking (referenced 26.11.2014)
Tuxera is the leading provider of file systems and streaming technology that allow music, pictures, videos and other content to be ported across mobiles, tablets, home entertainment, consumer, industrial or any other electronics. Tuxera's industry-standard file system solutions for Android, Linux, Mac OS X and other platforms have hundreds of millions installations. Close collaboration with industry leaders ensures reliable compatibility and helps to set high standard in performance, low power use for embedded and mobile solutions. For more information, please visit http://www.tuxera.com.
Contact: Karolina Mosiadz, Communications and Marketing Manager, [email protected]
SOURCE Tuxera Inc