October 19, 2011 (Burlington, VT) – Dealer.com, the global leader in automotive internet marketing solutions, was today recognized by Deloitte & Touche LLP as one of the fastest-growing companies in North America. With a 541% growth between 2006 and 2010, Dealer.com placed 178 on this year’s list – marking the fourth consecutive year the company has been included on Deloitte’s annual ranking.
“It is truly an honor to be included on this prestigious list for the fourth year in a row,” said Mark Bonfigli, Founder and CEO of Dealer.com. “There is no doubt that this continued growth is a direct result of our innovative products and services, award-winning customer service, and the hard work of our employees. We look forward to maintaining our winning streak through continued investments in R&D to develop products that help our customers become more efficient and successful.”
In previous Deloitte Technology Fast 500 competitions, Dealer.com ranked No. 214, No. 236 and No. 150 in 2008, 2009 and 2010 respectively. This year alone, Dealer.com has increased R&D spending more than 100 percent, fostered key client relationships to bolster the company’s portfolio, and added members of Apax Partners and Accel Partners to its board of directors. In addition, Dealer.com’s 2010 revenues reached $85 million, an increase of over 60 percent from 2009 and more than triple the 2008 level.
About the Awards Process
To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property of 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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five year, and be headquartered within North America.
About Deloitte’s 2011 Technology Fast 500
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a tanking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.