Magnet Forensics Ranks as One of North America’s Fastest Growing Technology Companies

For the second year, Magnet Forensics ranks on the Deloitte Technology Fast 500

Magnet Forensics, a global leader in the development of digital forensic software, has been named one of the fastest growing technology companies in Canada and North America by Deloitte. This marks the second year that Magnet Forensics has placed on both the Deloitte Technology Fast 50™ Canada and the Deloitte Technology Fast 500™ North America.

“It is remarkable to have received this honour for a second time. This achievement is a true reflection on the passion of our team and their continued dedication to making the world a better place by empowering investigative professionals to uncover the truth,” said. Adam Belsher, Magnet Forensics CEO.

The 2016 Deloitte Technology Fast 50, the fastest growing technology companies in Canada, and the Deloitte Technology Fast 500, the 500 fastest growing technology companies in North America, are awarded annually by the professional services firm.  This year Magnet Forensics placed 19 in the Fast 50 and 191 in the Fast 500.

“Fast 50 companies are the cutting-edge innovators leading the technology industry in 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, said Anders McKenzie, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada.

Magnet Forensics solutions are now used by 3500 agencies in 93 countries to find and analyze digital evidence in cases that could include terrorism, child exploitation, fraud, or intellectual property theft. The company continues to focus R&D on finding new ways of using technology to solve the problems that face law enforcement and forensics investigators.

For more insight into trends in forensics and how Magnet Forensics will help address these growing issues, read Adam’s Belsher’s piece: The Growth of Digital Evidence Backlogs and Making Them a Thing of the Past

 

About Magnet Forensics

Magnet Forensics is a global leader in the development of digital forensics software that acquires, analyzes and shares evidence from computers, smartphones and tablets. Magnet Forensics has been helping examiners and investigators fight crime, protect assets and guard national security since 2011. For more information, please visit magnetforensics.com

About Deloitte’s 2016 Technology Fast 500™

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 2012 to 2015.

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, and current-year operating revenues of at least $5 million or USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.

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, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.