Company Attributes 491 Percent Revenue Growth to the Adoption of Its Globally Distributed, High-Performance Cloud Platforms
HERNDON, VA – November 17, 2014 – CFN Services, a leading provider of high-performance cloud platforms that improve mission-critical application performance, announced today that it has made the Deloitte Technology Fast 500™. Ranking at 204, CFN Services is considered one of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Winners were selected based on the percentage fiscal year revenue growth from 2009 to 2013, during which CFN Services grew 491 percent.
CFN Services’ President and CEO, Mark Casey, credits the company’s ability to improve application performance for mission-critical IT, particularly within the capital markets, as the driving force behind its growth. Casey noted, “As we take the core technology behind our award-winning Alpha Platform™ in the capital markets and port its ability to drive revenue and operational performance improvements to new industry verticals, we’re seeing our growth continue to accelerate.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media, and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added 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.”
For the past four consecutive years, CFN Services has ranked in the top half of the Deloitte Fast 500. In the Communications and Networking category for 2014, CFN Services ranked as the number one company in revenue growth in the Washington, D.C. region and the ninth fastest growing company in North America.
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.
About CFN Services
CFN Services provides high-performance network and application delivery solutions for real-time, mission-critical applications. Leveraging FiberSource®, CFN’s global network optimization platform, the company deploys and manages low-latency networks, private cloud solutions and next-generation enterprise networks to cost-effectively improve application performance in distributed IT environments. CFN’s global cloud platform connects more than 70 leading data centers across North and South America, Europe and Asia. For more information, please visit https://www.apcela.com.