Avecto crowned fastest-growing tech company in the North West for second year running

Endpoint security software firm Avecto has been named the fastest growing technology company in the North West with revenue growth of 3892% over the last five years, according to Deloitte's latest UK Technology Fast 50 ranking.

The firm retains the title from last year, and also takes fourth spot across the whole of the UK.

The Fast 50 is based on revenue growth over the last five years, covering businesses in all areas of technology, from internet specialists to biotech and digital media technology.

Avecto develops endpoint security software which allows users to get on with their jobs, while keeping systems secure. After intensive R&D it recently launched Defendpoint, a major new product comprising three next-generation strategies that offer organizations unprecedented levels of management, freedom and security for their Windows users across desktops and servers.

The company's success has continued to strengthen its global presence, with half its revenues coming from the US market alone last year, and a growing customer base in Australia and parts of Asia. It has offices in Boston, USA, and Melbourne, Australia.

Jodi Birkett, TMT partner at Deloitte in the North West said: "To be ranked as the fastest growing tech company in the North West for two years in a row is an incredible achievement. Avecto has shown again why it's one of the leading lights in the region's tech sector.

"We've said many times before that the North West's TMT industry is one of the region's biggest assets. With recent initiatives such as TechNorth and greater devolution for Manchester, we'll likely see many more companies like Avecto in the years to come."

Paul Kenyon, co-founder and EVP at Avecto said: "We don’t want security to be seen as something that organisations shy away from. It should be an enabler, something that improves productivity and profitability. This latest ranking shows that this approach absolutely works."

"With the launch of Defendpoint we've opened up a number of other market segments and it’s now our job to exploit them. From our Manchester base we're looking to all corners of the globe. The future is very bright for Avecto.