Mesosphere Ranked Number 55 Fastest Growing Company in North America on Deloitte's 2018 Technology Fast 500™

SAN FRANCISCO, Nov. 15, 2018 /PRNewswire/ -- Mesosphere, the multi-cloud automation platform company, today announced it ranked 55^th 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. Mesosphere grew 2,736 percent during this period.

Mesosphere's chief executive officer, Florian Leibert, credits the company's revenue growth to the increasing shift towards hybrid cloud, multi-cloud and edge computing, as well as the mainstream proliferation and enterprise adoption of open source technologies such as Kubernetes, Spark, TensorFlow, Kafka, Cassandra, Elastic and Jupyter.

"Enterprises looking to compete in our digital world are relying on Mesosphere to help them develop a cloud-native approach and adopt the open source tools that serve as the foundation for most modern infrastructure," Leibert said. "Our team is thrilled to be recognized as one of the fastest growing companies in the U.S. Mesosphere's Fast 500 achievement will help us continue to make it incredibly easy for every enterprise to build world-changing technologies."

"Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth."

"Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21^st century, including innovations in artificial intelligence, predictive analytics and robotics," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "This year's ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth."

About Deloitte's 2018 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 2014 to 2017.

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.

About Mesosphere

Mesosphere is the multi-cloud automation platform company leading enterprise digital transformation. Mesosphere's distributed cloud operating system (DC/OS) enables any software technology to be delivered "as-a-Service" across multi-cloud, datacenter and edge. Mesosphere was founded in 2013 by the architects of hyperscale infrastructures at Airbnb and Twitter and the co-creator of Apache Mesos. Mesosphere is headquartered in San Francisco with additional offices in New York; Hamburg, Germany; and Beijing. Mesosphere investors include Andreessen Horowitz, Hewlett Packard Enterprise, Khosla Ventures, Kleiner Perkins Caufield & Byers, Koch Disruptive Technologies, Microsoft, and T. Rowe Price Associates, Inc.

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.

SOURCE Mesosphere

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