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Granicus, Inc. Ranked Number 185 Fastest Growing Company on Deloitte’s 2009 Technology Fast 500™
10/26/2009
Attributes its 736% Revenue Growth to Government Transparency Initiatives
San Francisco, CA, October 26, 2009 – Granicus, Inc., the leading provider of government webcasting and public meeting software, ranked 185 on the Technology Fast 500™, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunication, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. Granicus grew 736% during this period and brought more than 400 public agencies meetings online.
Granicus CEO and co-founder, Tom Spengler, credits employee efforts and dedication, client retention and an increased interest in government transparency with the company’s revenue growth over the past five years. “As the industry leader, we have a reliable and referable solution built on client feedback. Government agencies still turn to us to provide streaming media and tools for a more successful meeting environment while improving citizen participation. We are honored to once again receive this recognition and I want to recognize our clients for bringing government transparency to the forefront and our team for their hard work in making Granicus the trusted name it is today,” Spengler said. Granicus previously ranked 97 as a Deloitte Technology Fast 500™ award winner in 2008.
Granicus’ technology allows citizens to watch live and on-demand, keyword searchable government meetings from any location with internet access. Increasing government transparency through streaming media technologies, citizen engagement, and participation is inherent to the Granicus mission. The company serves over 550 government agencies, hosting more government meetings than any other company. The company’s client statistics page provides details on the number of webcast views per day and the most popular webcasts from the past 10 days. On average, Granicus streams 200,000 public webcasts a day.
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth from 2004 to 2008 with 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. These revenues must have more than doubled between 2004 and 2008. Companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About Granicus
Granicus, Inc. is the leading provider of comprehensive government solutions that improve transparency, public participation, and collaboration over the Web. Granicus offers a platform for public agencies to create, manage, and distribute live and on-demand streaming media content. The technology was built to support and enhance public meeting communications, internal trainings, citizen engagement, and public education programs while reducing staff time and costs.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
PR Contact: Aileen Horgan, Granicus, Inc, 415-357-3618 x1753 aileenh@grancius.com
