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SAN FRANCISCO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Sauce Labs Inc., provider of the world’s most comprehensive and trusted continuous testing cloud, today announced it ranked #368 on Deloitte’s Technology Fast 500™ list for 2019. Now in its 25th year, the Deloitte Technology Fast 500 is a ranking of the fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. This marks the fifth straight year Sauce Labs has made the list, attaining 255% revenue growth between 2015 and 2018.
“We are both honored and humbled to receive this recognition from Deloitte,” said Aled Miles, CEO, Sauce Labs. “That Sauce Labs has appeared on such a prestigious listing for five years running speaks volumes about the growing importance of automated testing and the value of our Continuous Testing Cloud. We look forward to continuing to innovate for our customers and driving continued growth as we move into the new decade.”
Delivering live, automated and continuous testing for web and mobile apps on the world's largest cloud-based test platform, Sauce Labs now counts more than 700 enterprise customers worldwide. Nearly 3 million tests are run each day across the Sauce Labs Continuous Testing Cloud, and more than 2 billion have been run since its inception. The platform spans thousands of browser/OS, mobile emulator, simulator and real device combinations, making testing fast, reliable and easy throughout the software development process.
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends towards everything as a service, it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter-century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
Placement on the Deloitte Technology Fast 500 is the latest accolade in a year full of prominent industry recognition for Sauce Labs. The company was recently named to the coveted Inc. 5000 list of fastest-growing private companies in the US for the fourth consecutive year, and was recognized on the San Francisco Business Times’ list of the Top 100 Fastest-Growing Private Companies in the Bay Area for the sixth consecutive year. Earlier this year, Sauce Labs was named one of the Best Workplaces in the Bay Area by FORTUNE and Great Place to Work, and the company has won multiple Comparably Awards in 2019, including for Best Company Outlook.
About Sauce Labs
Sauce Labs ensures the world’s leading apps and websites work flawlessly on every browser, OS and device. Its award-winning Continuous Testing Cloud provides development and quality teams with instant access to the test coverage, scalability, and analytics they need to rapidly deliver a flawless digital experience. Sauce Labs is a privately held company funded by Toba Capital, Salesforce Ventures, Centerview Capital Technology, IVP, Adams Street Partners and Riverwood Capital. For more information, please visit https://saucelabs.com.
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.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.