NS1 Named to Deloitte’s 2021 Technology Fast 500™ List of Fastest-Growing Companies in North America
Company attributes 266% revenue growth to demand for solutions that deliver flexibility, performance, and resilience for applications at the distributed edge
NEW YORK–(BUSINESS WIRE)–#DeloitteFast500—NS1, the leader in application traffic intelligence and automation, today announced that it is listed on Deloitte’s 2021 Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year.
Kris Beevers, NS1 co-founder and CEO, attributes the company’s 266% growth, measured from 2017 to 2020, to the rise in demand for software-defined networking solutions that deliver flexibility, performance, and resilience for applications at the distributed edge.
“Modern, distributed enterprises need solutions that enable them to securely, reliably, and intelligently connect their applications, customers, employees, and devices everywhere — from the edge to the cloud,” said Beevers. “During the pandemic, these digital connections only increased in importance, and NS1 has been able to aggressively innovate, bringing to market solutions that keep businesses online and resilient.”
The announcement comes just after NS1 announced it closed 28 consecutive quarters of annual recurring revenue growth. The company now serves more than 800 customers worldwide, including many of the world’s most well-known brands, such as Uber, LinkedIn, Salesforce, eBay, JetBlue, Walmart, USAA, and Fox.
“Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
“The pandemic has underscored the urgent need for tech solutions in a variety of areas across healthcare, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”
Overall, 2021 Technology Fast 500TM companies achieved revenue growth ranging from 212% to 87,037% from 2017 to 2020, with median growth of 521%.
About the 2021 Deloitte Technology Fast 500™
Now in its 27th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2017 to 2020.
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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About NS1
The internet and applications powering our world depend on NS1. Billions of people connect to work, school, entertainment, and healthcare and stay informed because of the company’s innovative technology. As an ally for innovators, NS1 helps our customers turbocharge their ideas in pursuit of building the better future through connecting applications and audiences at the distributed edge. NS1’s application traffic intelligence and automation portfolio makes applications faster, more reliable, and more secure everywhere. With technologies for cloud-native network services, edge-to-cloud networking, and application traffic optimization, NS1 helps eliminate the barriers between applications, users, infrastructure, and data. A 2021 Deloitte Technology Fast 500 Award Winner, NS1 has more than 800 customers across the globe, including Dropbox, Fox, Salesforce, LinkedIn, and eBay, and is backed by investments from Energy Impact Partners, Dell Technologies Capital, Cisco Investments, and GGV Capital.
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.
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