November 18, 2020
Cybrary Ranked 90th Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™
November 18, 2020
College Park, MD (November 18, 2020) — Cybrary, the world’s premier online cybersecurity career development platform, today announced it placed No. 90 on Deloitte’s 26th annual Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. Cybrary grew 1,284% during this period.
Cybrary’s co-founder and President, Ralph Sita, credits the remote work environment, prioritization on security, and shift to online training with the company’s recent growth and success. “Like many companies, this year posed numerous business challenges, but it also generated new opportunities for growth and innovation,” said Sita. “We’re honored to be recognized as one of the Deloitte 2020 Fastest-Growing Companies and are excited about our continued momentum going into 2021.”
Cybrary has seen increased demand since the onset of COVID-19 as more companies have shifted to cloud-based networks. In response to the accelerated cloud adoption, security professionals are upskilling to better manage this new architecture and respond to the surge in cybersecurity threats. Additionally, Cybrary has been offering free courses each month to help security professionals navigate their cybersecurity career path. The company now has more than 3 million users, with an average of 2,000 new users signing up daily.
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
“Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible.”
This award comes on the heels of Cybrary being named a 2020 Top Workplace by The Washington Post earlier this year. Overall, the 2020 Technology Fast 500™ companies achieved revenue growth of 175% to 106,508% from 2016 to 2019, with median growth of 450%.
About Cybrary Cybrary is the premier cybersecurity professional development platform, providing the collective knowledge of the industry’s top experts and leading organizations to equip security professionals with both the knowledge and skills to achieve their career goals. Recognized as an industry pioneer and innovator since 2015, Cybrary has grown its cyber-focused community to over 3 million users, including multiple Fortune 100 companies. To get more information and learn more about Cybrary, visit cybrary.it.
About Deloitte’s 2020 Technology Fast 500™ Now in its 26th year, 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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Merritt Group for Cybrary