London, UK - 12 November 2012 - Mimecast today announced that it ranked number 20 in the 2012 Deloitte Technology Fast 50, a list of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over five years. Mimecast, which supplies cloud-based email archiving, continuity and security for Microsoft Exchange and Office 365, grew 1,030% during this period.
Mimecast, having come seventh in last year’s rankings and third the year before, continued its rapid expansion rate over the course of the last 12 months and now serves more than 6,000 customers and 1.6m users worldwide.
Mimecast CEO Peter Bauer said: “Over the last 18 months, Mimecast’s user base has almost doubled through continuing engagement with our partners. We are delighted to have been ranked in the prestigious Deloitte Technology Fast 50 for a third year running. It is a rewarding testament to the hard work and positivity that the whole team brings to every customer.
“Naturally, these high growth rates can be hard to sustain, but with the funding we’ve recently secured from Insight Venture Partners, and the pipeline of new products we’re readying for launch, we are confident we can maintain our momentum. The reaction we’ve had from customers and prospects to our new Mimecast File Archive solution and our Interactive Archive technology roadmap shows that the future for Mimecast staff, customers, partners and investors is very exciting indeed.”
David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector. The 2012 Deloitte Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past five years.
“The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This year’s ranking highlights the importance of finding a niche product or service to beat the recession.”
