Device42 Recognized as Fastest Growing Tech Company in Connecticut

NEW HAVEN, Conn., Oct. 11, 2018 /PRNewswire/ -- Device42, Inc., a leading provider of software for IT infrastructure management, announced today that it was ranked No.1 among the top 40 fastest growing tech companies in Connecticut.

The award is given out by the Connecticut Technology Council (CTC) and Marcum LLP, one of the country's largest independent public accounting firms. This recognition is part of the annual Marcum Tech Top 40 Awards, which honor some of Connecticut's most innovative companies.

Device42's comprehensive data center and network management solution provides customers with a unified view of their IT infrastructure. Five hundred enterprise clients in more than 55 countries worldwide rely on Device42 to manage their complex IT infrastructure quickly, easily, and effectively. For six consecutive years, the company has posted triple digit growth; most recently, from 2015 to 2017, the company's revenue has increased nearly 1,300 percent.

The Marcum Tech Top 40 Awards, now in their 11th year, have honored more than 400 Connecticut-based technology copanies since 2008. The awards recognize technology leaders across multiple industry sectors, including Advanced Manufacturing; Energy and Environmental; Life Sciences; New Media, Internet, Telecom; IT Services; and Software. Honorees must have at least $3 million in annual revenue and a record of revenue growth in each of the preceding four years.

"Growth in Connecticut must and does come from the technology sector," said Bruce Carlson, CTC's president and CEO, in an official announcement. "These Marcum Tech Top 40 companies are exemplary of the achievements within the industry we represent in the state."

"Now more than ever, CTOs and CIOs need to have up-to-the-minute snapshots of their entire IT infrastructure, including system inter-dependencies and security vulnerabilities," said Raj Jalan, CEO and founder of Device42. "A commitment to the needs of our customers has positioned us for extraordinary growth, and we are honored to be recognized as the fastest growing Connecticut tech company."

About Device42

Device 42 Inc., a leader in Data Center Infrastructure Management (DCIM), delivers comprehensive, low-cost, high-value solutions that enable organizations around the globe to manage their complex IT infrastructure quickly, easily, and effectively. Device42 software centralizes data center management, making IT assets visible, understandable, and controllable. Additional information about Device42 can be found at device42.com.

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