BioCatch announced it has placed 12th on Deloitte’s 2018 Technology Fast 500, with a three-year growth rate of 10,451 percent.
The Technology Fast 500 is an annual technology awards program that recognizes the fastest-growing public and private technology, media, telecommunications, life sciences, and energy tech companies in North America.
Winners are selected based on percentage fiscal year revenue growth over a three-year period. The ranking is compiled from applications submitted directly to the Technology Fast 500 website and public company database research conducted by Deloitte LLP.
“Being named to the Deloitte’s Technology Fast 500 list validates BioCatch’s technique of leveraging advanced data science and machine learning to solve some of the toughest cybersecurity challenges,” the behavioral biometrics firm noted in a statement. “Receiving this award reflects the momentum BioCatch is seeing in market adoption for its solutions across the globe.”
Last month BioCatch announced partnerships with seven tier-one banks in Latin America to protect them against the region’s increasing risk of cyberattacks.