SAN FRANCISCO, Nov. 9, 2017 /PRNewswire/ -- Dialpad today announced it ranked 222nd 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. Dialpad grew 443 percent during this period.
Dialpad's chief executive officer, Craig Walker, credits the company's pure cloud approach to voice, video, messaging and conferencing plus the growing demand from small businesses, the mid-market and global enterprises for communication technologies that accommodate the needs of a modern and increasingly distributed workforce with the company's 443 percent revenue growth.
"We started Dialpad in 2012 with a mission to Kill the Desk Phone and meet the needs of today's anywhere worker with an equally modern communication platform," said Craig Walker, CEO of Dialpad. "Today's companies are increasingly dispersed or seeing an increased mobile workforce who need their phone system to be accessible from anywhere at any time on any device. Our pure cloud-based solution gives them that freedom."
"The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment," said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."
"Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year's North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment," said Heather Gates, national managing director of Deloitte & Touche LLP's emerging growth company practice. "Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year's Fast 500 winners."
Dialpad is a pure-cloud solution that spans voice, video and messaging while integrating with Google's G Suite, Microsoft Office 365, Salesforce, and social applications LinkedIn and Twitter — providing users with insights around every call and message. It requires no hardware and can be deployed in minutes, providing enterprise businesses with not just the technology they need to support their workers, but the ROI to justify a switch away from legacy technology.
Worldwide, Dialpad has helped over 50,000 customers move to the cloud, avoiding the use of any on-premise legacy PBX hardware, with 85 percent of the customers completely eliminating their desk phones, and aggressively transitioning their businesses to the cloud to accommodate an increasingly mobile, BYOD-enabled workplace. Dialpad's software-only platform allows companies, from small storefronts to large enterprises, to instantly launch, provision and scale their communications platform. This makes voice, video, messaging and meetings available on any device, anywhere, at any time, all within a single easy-to-use application.
Dialpad previously ranked 186th as a Technology Fast 500™ award winner for 2016.
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Deloitte's 2017 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 2013 to 2016.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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.
About Dialpad
Dialpad is communications simplified for every business. Available on any device, anywhere, Dialpad includes voice, video, messaging and meetings; and is integrated with Microsoft Office 365 and Google's G Suite. Dialpad is also the only business communications system built on the Google Cloud Platform. Today, over 50,000 customers and more than 65 percent of the Fortune 500 have joined Dialpad's mission to kill the desk phone, including Uber, Motorola Solutions, Vivint Solar, Xero, Financial Times, Betterment, PagerDuty, Stripe, Quora, and others. Dialpad is funded by some of the world's best-recognized investors including Amasia, Andreessen Horowitz, Felicis Ventures, GV (formerly Google Ventures), Section 32, Softbank and Work-Bench. To learn more about our mission to kill the desk phone, visit dialpad.com and follow @DialpadHQ on Twitter or like us on Facebook
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