Avanan today announced it ranked No. 125 on the Deloitte 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. 

Avanan’s chief executive officer, Gil Friedrich, credits the rise of ransomware and phishing threats and Avanan’s industry-leading API-based security with the company’s 1,094% revenue growth. He said, "Email has consistently been the number one attack vector leading to breaches in organizations and Avanan’s focus on securing cloud-based email: Microsoft 365 and Gmail, has allowed us to lead the revolution in how organizations secure their email. The recent acquisition of Avanan by Check Point Technologies will help us bring our technology to every enterprise customer in the world and further extend our rapid growth in the email security market"

“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 health care, 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.” 

Avanan previously ranked 171st as a Technology Fast 500™ award winner for 2020.

Overall, 2021 Technology Fast 500™ companies achieved revenue growth ranging from 212% to 87,037% from 2017 to 2020, with median growth of 521%.