Velocify Named to Deloitte Technology Fast 500 List for Third Consecutive Year

LOS ANGELES, Nov. 14, 2013 /PRNewswire/ -- Velocify, the market-leader in cloud-based intelligent sales automation solutions, today announced it has been named to the Deloitte Technology Fast 500™ list for the third consecutive year. The 500 fastest growing companies span a number of industries including technology, media, telecommunications, life sciences and clean technology companies in North America.

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Fueled by continued innovation within its intelligent sales automation and integrated dialer solutions, as well as the growing CRM and sales automation market, Velocify ranked 279 on the overall company listing and 37 in the Greater Los Angeles area.

Velocify enables sales organizations across industries to effectively manage sales opportunities from initial inquiry to close, with systematic phone, email, and SMS follow-up that is guided by proven-to-convert industry best practices. The company is primed for future growth as many industries continue to shift from traditional field sales to inside sales teams to drive revenue and meet quota.

Comments on the News:

• "We are honored to be recognized as one of the fastest growing U.S.-based technology companies by the Deloitte Technology Fast 500 for the third consecutive year. This recognition is strong validation of the need for solutions that drive efficiencies in the sales process," said Nick Hedges, president and CEO, Velocify. "Velocify's solutions help sales teams better manage interactions with today's buyers and keep pace with the speed of opportunity in order to maximize revenue."
• "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 Velocify or its technology, please visit the company's website and blog, or follow the company on Facebook, Twitter, LinkedIn or YouTube.

About Deloitte's 2013 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 2008 to 2012. 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.

About Velocify
Velocify is a market-leading provider of cloud-based intelligent sales software, designed for high-velocity sales environments. Velocify helps sales teams keep pace with the speed of opportunity and increase revenue by driving rapid lead response, increased selling discipline, improved productivity, and actionable selling insights. The company has helped more than 1,500 companies across a variety of industries improve customer acquisition practices and sales performance. Velocify was recently recognized as one of the fastest growing companies in North America by Deloitte and a Best Place to Work by the Los Angeles Business Journal. For more information please visit Velocify.com or follow the company on Twitter @Velocify.

SOURCE Velocify