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Turn Named Fastest Growing Software Company in Northern California, Ranked #24 Overall on Deloitte's 2012 Technology Fast 500(TM) List
By: Marketwired .
Nov. 14, 2012 11:17 AM
REDWOOD CITY, CA -- (Marketwire) -- 11/14/12 -- Turn today announced it was named the fastest growing software company in Northern California and was ranked 24th fastest growing company overall in North America, on Deloitte's Technology Fast 500. The Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Turn's president and chief executive officer, Bill Demas, credits the company's more than 7400 percent revenue growth over the past four years to its technology scale of evaluating almost 1 million impressions per second for global advertisers, and its product focus on delivering real-time advertising insights from big data.
"Today, Turn is the cloud marketing platform of choice for marketers and agencies around the world. Our commitment to building a platform that delivers industry-leading return on investment for digital advertising has resulted in incredible revenue growth and expansion of our business to five continents. We are pleased to be recognized as the fastest growing software company in Northern California, and to be ranked 24th on the 2012 Deloitte Technology Fast 500 list," said Demas.
Overall, 2012 Technology Fast 500 companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent. More information about the Fast 500 can be found here: www.Fast500.com.
About Deloitte's 2012 Technology Fast 500
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.
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