New York, NY, November 16, 2016 - Diligent Corporation, the leading provider of board collaboration solutions to over 4,700 organizations and 140,000 users, today announced the company has been ranked 420 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. Diligent grew 154 percent from 2012 - 2015.
As a world-leading solution to securely create, distribute and collaborate on board meeting books and materials, Diligent's platform helps to facilitate better board communications, boost engagement and promote effective decision-making, all while enhancing corporate governance.
Diligent's chief executive officer, Brian Stafford, credits a growing awareness and concern for cybersecurity for the company's year-over-year revenue growth. He said, 'As data breaches become a common occurrence, we're seeing an elevated need for secure solutions, especially for corporate leaders and directors.'
'Enterprises are understanding the urgency for secure board portals and the additional benefits it brings, such as ensuring governance compliance and keeping pace with a global economy. These trends add fuel to accelerate our growth, and we're proud to be recognized as part of the Deloitte Technology Fast 500 this year,' Stafford added.
This is the fifth year that Diligent has made Deloitte's Fast 500 list. Previous years include 2011, 2012, 2014 and 2015.
About Deloitte's 2016 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 2012 to 2015.
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.
As used in this document, 'Deloitte' means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
About Diligent
Diligent is the leading provider of secure corporate governance and collaboration solutions for boards and senior executives. Over 4,700 clients in more than 70 countries and on all seven continents rely on Diligent to provide secure, intuitive access to their most time-sensitive and confidential information, ultimately helping them make better decisions. The Diligent Boards (formerly Diligent Boardbooks) solution speeds and simplifies how board materials are produced, delivered and collaborated on via any device, removing the security concerns of doing this by courier, email and file sharing. Visit www.diligent.com or follow us on Twitter @diligentHQ to learn more.
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