Digital Video Company Recognized As One Of The Fastest Growing Technology Companies in Canada, Two Years in a Row
TORONTO, Nov. 7, 2019 – Today Rumble announced it was presented the prestigious Deloitte Technology Fast 50™ award for its rapid revenue growth, entrepreneurial spirit and bold innovation. The program recognizes the fastest growing technology companies in Canada with the highest revenue-growth percentage over the past four years. Rumble ranks 18th with 955 percent revenue growth from 2015 to 2018.
Rumble’s founder and CEO, Chris Pavlovski, credits the company’s flexible approach to solving digital video needs as the reason for the company’s continued growth. “Rumble’s enhanced suite of video solutions ensures that website owners are equipped with everything they need to make video successful on their websites, including: rights-cleared content, a full-stack technology backbone and advertising monetization tools,” said Pavlovski. “It is an honor to be recognized for a second year in a row by an established, global authority like Deloitte. We are proud to be among the select few that represent innovation coming out of our base in Toronto.”
Technology Fast 50 program winners consist of public and private companies in
the technology sector, which have transformed the industry. Now in its 22nd
year, the program runs alongside the broader Deloitte North American Technology
Fast 500™, with winners automatically eligible for this elite ranking. Rumble also
earned 131st place on Deloitte’s Technology Fast 500™ award rankings
and is recognized as one of the top growing technology, media and telecommunications
companies in North America.
“In an era of rapid and constant change, Fast 50 companies should be incredibly proud of the impact they are making across all industries, as they foster the economic prosperity and success of our country,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, and I can’t wait to see where they take us moving forward.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
Rumble is a full-stack digital video solution that connects video creators to online publishers and advertisers. With a community of more than 100,000 video creators and a cutting-edge video player-offering for publishers, Rumble is re-shaping the way social video is distributed and monetized. Rumble screens, hosts, licenses and distributes streaming video around the world. It gives creators a share in the economics, publishers a cost- effective video infrastructure and brands a safe place to advertise online. Based in Toronto, Rumble has earned top rankings from comScore, Alexa, Tubular and Quantcast since its formation in 2013. More information can be found at www.rumble.com.
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Enterprise Fast 15 category (recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation), and Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate). Program sponsors include Deloitte, Bank of Montreal, CBRE, First West Capital, Miller Thomson, OMERS Ventures, 3C and Lafond. For further information, visit www.fast50.ca.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.