CAMPBELL, Calif. - November 11, 2011 - YouSendIt, Inc., a leader in business content collaboration services, today announced it was listed Number 55 on Deloitte's Technology Fast 500™, ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America for the second year in a row. YouSendIt grew 2,201 percent during 2006 and 2010.
This growth was mainly attributed to the word of mouth referrals provided by the very large base of passionate customers YouSendIt has recruited through the years. YouSendIt also grew its direct sales business significantly in the last year due to the introduction of its Directory Services Integration-enabling enterprise wide deployment. The launch of its API also allowed key partnerships to bring in millions of new users in less than a year's time.
"Being recognized by Deloitte's Technology Fast 500 List, two years in a row, is a great achievement," said Ivan Koon, CEO of YouSendIt. "We'll continue to bring ease to our customers' work life by offering services that help people collaborate with their clients, partners and employees anytime, anywhere via the desktop, web or on mobile devices."
YouSendIt, like all 2011 Technology Fast 500™ companies, have excelled in fostering innovation and channeling it into spectacular growth -against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes YouSendIt for its remarkable accomplishment."
"We are pleased to honor YouSendIt as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, YouSendIt has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private -in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Founded in 2004, YouSendIt was working in the cloud before the term was even coined. At first the service was a simple way to send the large attachments that email couldn’t process, but has since grown to become a robust suite of online file storage and management capabilities. Today, the company serves 40 million registered users across 193 countries and 98 percent of the Fortune 500. Aside from offering professionals an easy-to-use collaboration solution, YouSendIt’s renowned reliability, untouched data security and endless innovation make it the go-to solution for businesses, big and small.