Quantcast
Home London News These are London's 20 fastest-growing tech companies

These are London's 20 fastest-growing tech companies

by LLB Reporter
15th Nov 13 11:29 am

There’s good reason that politicians, economists and entrepreneurs alike all seem to be so enormously excited about the potential of technology to drive growth.

The UK’s 50 fastest-growing tech companies boast an average five-year growth rate of a staggering 1,382%, according to Deloitte’s Technology Fast 50 index.

Together, those businesses generated £672m in total revenues in the year 2012/13 and provided more than 5,000 people with jobs.

London is at the heart of all that growth and innovation. Some 40% of the top 50 companies are based here.

And the London companies that made the cut are punching above their weight in terms of economic contribution too, accounting for 47% of the combined revenues.

So which are the fastest-growing tech companies in London?

We’ve listed all 20 that made it into the Technology Fast 50 below – and you can click the links below to read our interviews with company founders.

Fast 50 rankLondon companyAverage revenue growthIndustry
1Infectious Media9774%Media & entertainment
5Lovestruck.com2658%Internet
6Monitise Plc2319%Software
9Equal Experts UK Ltd2035%Software
10Backbone Connect1810%Telecommunications
12notonthehighstreet.com1536%Internet
13Simplify Digital Ltd1443%Software
17Virtual1 Ltd1250%Telecommunications
19Silixa Ltd1118%Electronics
20The Magnetise Group1102%Internet
26JUST EAT976%Internet
27Maxymiser937%Software
31Ayima Search Marketing781%Internet
34Academia Ltd711%Software
38BCS Global Networks595%Telecommunications
41Forbidden Technologies Plc570.56%Software
42HighQ570%Software
45Mimecast526%Internet
48Miroma International 496%Media & entertainment
49Orca Digital494%Telecommunications

NOW READ THIS:

Q&A: Brett Akker sold Streetcar for $50m. Can he do it again with LoveSpace?

Get your business and talent recognised – enter the London Loves Talent Awards by 6 December

Judged by Tim Campbell, Will King, Terry Morgan CBE, Amit Bhatia, Matthew Hancock MP, June Sarpong & more

London Loves Talent Awards promo box for articles

You may also like

Leave a Comment

CLOSE AD

Sign up to our daily news alerts