November 13, 2014
Revenue growth over 200 percent earns Tenable a spot on the Fast 500 list for sixth consecutive year
Tenable Network Security®, Inc., the leader in continuous network monitoring, has been named to the Deloitte Technology Fast 500™, earning a place on the annual list of the fastest growing technology companies in North America for the sixth straight year.
“The growth Tenable has shown year after year is a testament to the hard work and dedication of our employees and their commitment to innovations for our industry-leading continuous monitoring and vulnerability management platforms,” said Ron Gula, CEO of Tenable Network Security. “We have a long history of growth and success and we are making investments to position Tenable for its next stage of accelerated growth so that we can meet market demand.”
In addition to its inclusion on the Deloitte Fast 500, Tenable earned numerous acknowledgements in 2014 for product excellence, leadership and growth, including a place on the Red Herring North America Top 100 list. Gula credits Tenable’s success and sustained revenue growth to the fact that the company provides customers with the market-leading platform to idenitfy and prioritize risk across the IT landscape.
“CSOs face big security demands with tight budgets; our continuous monitoring platform lets them see where the coverage gaps are in exisiting investments so they can decrease risk and reduce security spend,” said Gula. “We are uniquely positioned for growth due to our ability to provide the kinds of solutions that give organizations complete visibility of their network and data, regardless of whether it is in the cloud, on a mobile device or on virtual servers.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” said Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
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.