Security Operations Platform and Managed Detection and Response Provider Achieves 808% Revenue Growth Making Sophisticated Cybersecurity Attainable to Mid-Market Organizations

Adlumin, the security operations platform and managed detection and response (MDR) provider keeping mid-market organizations secure, today announced it ranked No. 178 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29^th year. Adlumin grew 808% during the evaluated three-year period, from 2019 to 2022.

“Improving cybersecurity to guard against increasingly sophisticated and persistent attackers has become imperative for every organization, regardless of size. Hackers are not just targeting big businesses or the government, and are putting midsized organizations – who don’t have the same resources to devote to cybersecurity – in a very difficult spot,” said Robert Johnston, CEO and co-founder of Adlumin. “Our tremendous growth is a testament to Adlumin’s ability to make sophisticated, enterprise-grade cybersecurity attainable to organizations that didn’t have the resources to achieve it before. We're working hard alongside channel partners across the country, and expanding with partners across the world, to ensure every organization has the tools and support they need to stay secure.”

To continue accelerating its growth, Adlumin recently closed $70 million in series B funding. The company was also recognized as one of America’s fastest-growing private companies by Inc. Magazine, and earned a spot on The Information’s 50 Most Promising Startups list for 2023.

“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”

“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”

Overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame from 2019 to 2022, with an average growth rate of 1,934% and a median growth rate of 497%.

For more information about how Adlumin's platform and services can provide organizations with a world-class Security Operations Center (SOC) without the cost of building one, visit https://adlumin.com/about/why-adlumin.

About the 2023 Deloitte Technology Fast 500

Now in its 29^th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2019 to 2022.

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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Adlumin

Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, Adlumin’s patented technology and seamless integrations provide everything organizations need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support, and more. Adlumin is feature-rich enough for organizations with in-house expertise to operate independently, yet purpose-built to enhance collaboration with and provide full, real-time visibility from trusted service providers. www.adlumin.com

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About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.

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