Internet Company ReachLocal Tops Deloitte 2009 Technology Fast 500
By Anna Johnson on October 26th, 2009Internet marketing company ReachLocal has achieved the top ranking in the Deloitte 2009 Technology Fast 500(TM).
Deloitte’s Technology Fast 500(TM) is an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America, based on five-year fiscal revenue growth.
First-placed ReachLocal earned revenue of $146.69 million in the 2008 fiscal year and had a five-year fiscal growth rate of 146,050 percent.
“Being ranked first on the Technology Fast 500(TM) list is an amazing honor and we thank Deloitte for this prestigious recognition,” said Zorik Gordon, co-founder and chief executive officer of ReachLocal, the private company based in Woodland Hills, California.
Not only does ReachLocal’s achievement reflect the company’s growth – it also indicates the tremendous growth in the local Internet advertising market.
