Tuesday, 19 November 2019

KLDiscovery Ranked Number 411 Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™

The company is recognised for the eighth consecutive year, with 222 percent revenue growth from 2015 to 2018.

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MCLEAN, Va., Nov. 19, 2019 (GLOBE NEWSWIRE) -- KLDiscovery today announced it ranked No. 411 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 now in its 25th year.

KLDiscovery’s Chief Executive Officer, Chris Weiler, credits KLDiscovery’s proprietary solutions, ‘white glove’ customer service, and strategic acquisitions with the company’s 222% revenue growth. “We are extremely proud of being recognised for the eighth consecutive year,” said Mr. Weiler. “The people and the technology that we have at this company are unmatched in the industry. As we begin our next chapter as a publicly traded company, we are incredibly excited for what the future will bring for this company and, most importantly, for our clients."

Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439%.

About Deloitte’s 2019 Technology Fast 500™

Now in its 25th year, 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 2015 to 2018.

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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.