Mezmo ranked no. 164 on the Deloitte Technology Fast 500™

SAN FRANCISCO, Nov. 17, 2022 (GLOBE NEWSWIRE) — Mezmo, a observability data platform provider, announced today that it ranked 164th in the rankings Deloitte Veloce 500 technology™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, fintech and energy technology companies in North America, now in its 28th year. Named to the list for the second year in a row, Mezmo grew 900% during the time period evaluated.

Mezmo CEO Tucker Callaway attributes the company’s successful growth to the growing demand for solutions that help companies get more value from their observability data while keeping costs down. More and more companies want better control to leverage the flow of observability data across the enterprise so they can unlock the power of that data to improve customer experience and reduce security threats.

“Today’s most successful companies are leveraging data to gain competitive advantage,” said Callaway. “At Mezmo, we’re helping enterprises eliminate the struggle to control, transform, and consume massive volumes of telemetry data. By enriching this data to provide actionable insights, we are helping organizations enter the next phase of observability.”

In addition to its substantial increase in revenue, Mezmo, formerly known as LogDNA, has grown its customer base, now serving more than 3,400 organizations worldwide, including many global brands, such as Lifesize and IBM Cloud. The company also tripled its team during this same period. Other recent accolades include ranking at No. 695 on Inc. 5000 fastest growing companies list and be named one of Y Combinator’s Best Companies of 2022.

“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have thrived by anticipating the future, understanding what it takes to succeed, and pushing creativity forward,” he said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all aspects of technology, the winners demonstrated not only that they have the vision, but also that they are able to competently manage their businesses through rapid growth. We congratulate each winner on their outstanding achievements.”

Collectively, 2022 Technology Fast 500™ companies experienced revenue growth of between 241% and 125,138% from 2018 to 2021, with a median growth of 611%.

To see the Mezmo Observability Pipeline in action, sign up for a demo.

About the 2022 Deloitte Technology Fast 500™
Now in his 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, fintech, and energy technology companies, both public and private, in North America. Technology Fast 500 award winners are selected based on the percentage of revenue growth for the fiscal year 2018 through 2021.

To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology sold to customers in products that contribute the majority of the company’s operating revenues. Companies must have base year operating revenues of at least $50,000 and current year operating revenues of at least $5 million. Additionally, companies must have been in business for at least four years and be based in North America.

About Mezmo
Mezmo, formerly LogDNA, is an observability platform for managing and acting on your data. Launched in Y Combinator’s Winter 2015 cohort, the company powers massive productivity gains for modern engineering teams at hyper-growth startups and Fortune 500 companies alike, including ASICS, Sysdig, and 6 River Systems.

Mezmo is the sole logging services provider for the IBM Cloud, and has partnered with them to drive innovation in hyperscale observability since 2018. The company was recognized as one of Forbes’ 100 Rising Cloud Stars, the 25 Gartner’s top enterprise software startups to watch, CRN’s Top 10 Cloud Startups, and Fortune’s Best Small to Midsize Workplaces, and received the IBM Cloud Embed Excellence Award.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK Private Limited Company (“DTTL”), its network of associated firms and related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also known as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of DTTL’s US affiliates, related entities operating under the “Deloitte” name in the United States, and their respective affiliates. Some services may not be available to attest clients under public accounting rules and regulations. Please look to find out more about our global network of member companies.

Media contact:
Jennifer Tanner
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[email protected]

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