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Top 10 Fastest-Growing Tech Companies in 2012

Tesla leads the group with 280,000% growth since 2007


Tesla TSLAConsulting firm Deloitte recently released “Deloitte’s 2012
Technology Fast 500″ — its annual list of the fastest-growing tech companies in North America.

To be considered for the list, which looks at growth since 2007, a company must have some form of proprietary technology that brings a majority of the company’s revenue; the company must have had 2007 operating revenues of at least $50,000 and 2011 operating revenues of at least $5 million; and the company must have been in business for at least five years.

The software sector leads the list with 200 places in the top 500 companies. In addition, almost half of the winners, 48%, are publicly traded.

Here’s the top 10:

RK Company industry growth location ceo
1 Tesla Motors (TSLA) Clean Tech 279,684% Palo Alto, Calif. Elon Musk
2 Palo Alto Networks (PANW) Communications/
166,938% Santa Clara, Calif. Mark McLaughlin
3 Sagent Pharmaceuticals (SGNT) Biotech/
146,443% Schaumburg, Ill. Jeffrey Yordon
4 FireEye Communications/
55,413% Milpitas, Calif. Ashar Aziz
5 Aerohive Networks Communications/
44,569% Sunnyvale, Calif. David Flynn
6 Avail-TVN Media &
38,479% Reston, Vir. Ramu Potarazu
7 NeoStem (NBS) Biotech/
31,721% New York, NY Robin L. Smith, MD, MBA
8 Avigilon Corporation (AIOCF) Software 29,917% Vancouver, BC Alexander Fernandes
9 Recondo Technology Software 25,482% Greenwood Village, Col. Rick Adam
10 EcoSynthetix (ECSNF) Clean Technology 25,327% Burlington, Ont. John Van Leeuwen

 You can see the full list of all 500 companies here.

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