BURLINGTON, Mass., Nov. 13, 2015 /PRNewswire/ -- Endurance
International Group today announced it ranked 297th 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.
Endurance's chief executive officer, Hari Ravichandran, credits the large opportunity
created by the healthy small business economy, consolidation of a
highly fragmented market through acquisitions, and secular
tailwinds for the company's 231% revenue growth between 2011 and
2014. "Since Endurance was founded, we have focused on the large
opportunity in the SMB market. Every year, millions of businesses
are created, and we have been able to address their needs by giving
them the tools to establish a web presence and offering them
products and services to help them grow their businesses," he said.
"As more and more businesses realize the importance of an online
identity, we have been able to reach them by growing our portfolio
of brands and expanding our product and services offerings."
"Amid a fierce business climate, there seems to be no shortage
of new and established companies that are unlocking a seemingly
unlimited potential for growth and advancement through technology's
continued disruption and proliferation across industries," said
Sandra Shirai, principal, Deloitte
Consulting LLP and U.S. technology, media and telecommunications
leader. "It is inspiring to witness the innovative ways that
companies are incorporating emerging technologies for business
gains, be it cognitive computing, or the Internet of Things. We
congratulate all those ranked on this year's Fast 500 and look
forward to seeing their continued growth into 2016."
"Through the efforts and utilization of new and emerging
technologies from these companies, we are witnessing greater
business demands from across almost all industries," added
Jim Atwell, national managing
partner of the emerging company practice, Deloitte & Touche
LLP. "We look forward to the opportunity to serve these companies
as they strive to grow to the next level – be it towards
introducing new solutions or entering new markets – and with it
make important and long lasting impressions on the technology
market as a whole."
Overall, 2015 Technology Fast 500™ companies achieved revenue
growth ranging from 109 percent to 21,984 percent from 2011 to
2014, with an average growth of 850 percent.
About Deloitte's 2015 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 2011 to 2014.
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 four years and be
headquartered within North
America.
About Endurance International Group
Endurance
International Group is a publicly traded (NASDAQ: EIGI) technology
company that helps power small and medium-sized businesses online.
Through its proprietary cloud platform, Endurance provides web
presence solutions including web hosting, eCommerce, eMarketing and
mobile business tools to approximately 4.5 million subscribers
around the globe. The company's world-class family of brands
includes Bluehost, HostGator, iPage, Domain.com, A Small Orange,
MOJO Marketplace, BigRock and ResellerClub, among others.
Headquartered in Burlington,
Massachusetts, Endurance employs more than 2,700 people
across the United States in
Utah, Texas, Washington and Arizona and in the United Kingdom, India, Israel
and Brazil. For more information
on how Endurance can help grow your business, visit endurance.com,
follow us on Twitter @EnduranceIntl and like us on Facebook at
www.facebook.com/EnduranceInternational.
Endurance International Group and the compass logo are
trademarks of The Endurance International Group, Inc. Other brand
names of Endurance International Group are trademarks of The
Endurance International Group, Inc. or its subsidiaries.
PR Contact:
Dani LaSalvia
Endurance International Group
(781) 852-3212
press@endurance.com
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SOURCE Endurance International Group