Auvik Networks Ranks No. 25 on the 2019 Startup 50

Canadian Business unveils 2019 list of Canada’s Top New Growth Companies


WATERLOO, ON / Sep 12, 2019Canadian Business and Maclean’s today ranked Auvik Networks No. 25 on the 2019 Startup 50 ranking of Canada’s Top New Growth Companies.

Serving as a companion list to the longstanding Growth 500 ranking of Canada’s Fastest-Growing Companies and produced by Canada’s premier business and current affairs media brands, the Startup 50 ranks younger companies on two-year revenue growth. Startup 50 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com.

Auvik Networks made the 2019 Startup 50 list with two-year revenue growth of 638%.

“The 2019 Startup 50 winners suggest the future of Canadian entrepreneurship is extremely bright. They have brought new offerings to market, created indelible brands and disrupted established business models—all in an extremely short period of time,” says Beth Fraser, Startup 50 and Growth 500 program manager. “Any aspiring entrepreneur should look to their stories for inspiration.”

“Auvik’s growth in the last two years really shows us the depth of market demand for simple yet powerful network management software,” said Auvik CEO Marc Morin. “What’s even better is that there’s still a huge opportunity—and we’re just getting started.”

 

About Auvik Networks

Auvik makes network management easier. By automating and simplifying network management, our cloud-based software improves the efficiency and capacity of IT teams and helps protect their business from network risk. Auvik is one of the fastest growing North American technology companies, and is winner of the Deloitte Technology Fast 50, Deloitte Fast 500, and was recognized as the #1 ranked Canadian company in the FT Americas’ Fastest Growing Companies list. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.

About the Startup 50

Ranking Canada’s Top New Growth Companies by two-year revenue growth, the Startup 50 profiles the fastest-growing startups in the country. It is a companion list to the Growth 500 ranking of Canada’s Fastest-Growing Companies, which has, for over 30 years, been Canada’s most respected and influential ranking of entrepreneurial achievement. Both the Startup 50 and Growth 500 are published in a special issue of Canadian Business published with Maclean’s magazine and at CanadianBusiness.com. For more information on the ranking visit CanadianBusiness.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.