RICHMOND, VA--(Marketwired - November 23, 2015) - Harbert Venture Partners is pleased to acknowledge our five portfolio companies recently recognized in the 2015 Deloitte Fast 500, which provides a ranking of the fastest growing technology, media, telecom, life sciences and energy tech companies (public and private) in North America (US and Canada). The ranking is based on percentage fiscal year revenue growth between 2011 and 2014.
About Deloitte's 2015 Technology Fast 500
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 2011 to 2014. 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 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 four years and be headquartered within North America.
About Harbert Venture Partners
The Harbert Venture Partners Funds ("HVP") are emerging growth stage investors in technology and healthcare companies in the Midatlantic and Southeastern United States. Current HVP portfolio companies include Anutra Medical, CareSync, Clarabridge, Clinipace, ControlScan, Healthcare Interactive, Iconixx, IngagePatient, Invincea, Kaleo, Ledbury, Maxcyte, MobilePosse, nContact (Atricure), Netsertive, PeopleMatter, Racemi, Social Safeguard, Unitrends, WellCentive and WiserTogether.
About Harbert Management Corporation
The Harbert Venture Partners Funds are sponsored by Harbert Management Corporation ("HMC"). HMC is an independent investment firm focused on fundamentally-based private capital, real estate and public market strategies. HMC manages Regulatory Assets Under Management of approximately $3.9 billion as of October 31, 2015, from offices in eleven locations across the United States and Europe. www.harbert.net
Additional information about HMC can be found at www.harbert.net.
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Contact Information:
Harbert Management Corporation
2100 Third Avenue North
Birmingham, AL 35203
Contact:
Bill Wos
Tel: 205 987 5589
