LONDON--(BUSINESS WIRE)--HighQ today announced that it ranked Number 50 in the 2014 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over five years. HighQ grew 535 per cent during this period, and this award recognises the company’s technology innovation and the increasing market adoption of its cloud collaboration platform. HighQ provides secure file sharing, enterprise social collaboration, digital marketing, publishing and transaction management software in the cloud.

HighQ’s CEO, Ajay Patel, credits constant innovation based on client feedback with the company’s 535 per cent revenue growth over the past five years. He said, “We’re honoured to be recognised by Deloitte as one of the UK’s fastest growing technology companies for the second year in a row. The award attests to the hard work from our team and continued innovation that we have delivered to our clients over the years. We’re proud to appear alongside those leading the way in the technology industry.

“This year has been exciting for us as we have expanded our operations in Europe and the United States and opened two new data centres in Dubai and Australia. Our client base now includes 19 of the top 20 UK law firms and over 40 of the top 100 global firms, and our products are used by more than 25,000 organisations around the world. We have some exciting challenges and opportunities on the horizon as we look to rapidly accelerate our revenue growth over the next 12 months. This award is a great motivator for us and a reminder that we're moving in the right direction.”

David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector.

“The 2014 Deloitte Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past five years. The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years.

“The 50 fastest growing UK technology companies generated over £963 million in total annual revenues in the year 2013/14, employing more than 8,500 people and recorded an average five-year growth rate of 1,695 per cent, according to the Deloitte UK Technology Fast 50.”

“Making the Deloitte Technology Fast 50 is a testament to a company’s commitment to technology,” said Kirsty Newman, Deloitte Technology partner for the London region. “With its 535% growth rate over five years, HighQ has proven that its leadership has the vision and determination to grow in competitive conditions.”

Notes to editors

* Growth rates are all over the last five years.

The full list of this year’s winners and winner breakdown by region and sector is available at www.fast50.co.uk.

About Deloitte:

In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press. For more information, please visit www.deloitte.co.uk.

Member of Deloitte Touche Tohmatsu Limited

Deloitte UK Technology Fast 50

The Deloitte Technology Fast 50 is one of the UK’s foremost technology award programmes. Now going into its 17th successful year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last five years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. The UK Fast 50 is part of an international programme run by Deloitte, qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from Internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.

For more information visit www.fast50.co.uk

About HighQ

HighQ (highq.com) provides innovative solutions to some of the world’s leading law firms, investment banks and corporations for secure file sharing, enterprise collaboration and social networking. We uniquely combine secure, enterprise-grade technology with the best ideas and user experience from consumer tools to enable you to securely exchange business critical information and collaborate with colleagues, customers and partners in one unified space.