MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social discovery, today announced it ranked No. 1 in the Internet category and No. 3 overall on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on five-year revenue growth. During that period, MeetMe grew its revenue 83,209%.
Geoff Cook, MeetMe’s Chief Executive Officer, said, “We are honored to be recognized as one of Deloitte’s Technology Fast 500™ for the third consecutive year, a significant accomplishment for the entire MeetMe team. We believe our proprietary technology allows us to deepen relationships and foster new connections, building highly engaged users. As we follow our audience onto mobile devices, we are monetizing users at industry-leading rates, which we believe will enable us to achieve sustainable growth.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”MeetMe previously ranked No. 32 as a Technology Fast 500™ award winner for 2012.