Tech Tour announces its 2017 Tech Tour Growth 50 to shine a light on the next generation of Europe’s fastest growth equity backed tech businesses : Europe’s 50 future Unicorns. Cedexis, a leader in internet performance monitoring and optimization, is distinguished for the second consecutive year as one of 50 European companies with the highest growth and thus established its position as European leader.
Tech Tour, a platform that facilitates high-tech growth companies to develop strategic relations with investors, together with Silverpeak Investment Bank and in conjunction with a selection committee of international investors have researched and evaluated over 275 European private tech companies at a sub-one billion US dollar valuation.
The selection committee, chaired by Jean-Michel Deligny, Silverpeak, was composed of 18 international venture capital firms, advisers and experts who judged the companies based on their achievement, impact and momentum.
The CEOs of the companies will gather at the annual Tech Tour Growth Forum in Geneva from March 30th – 31st where two companies will be announced as the 2017 Tech Tour Growth Award and Tech Tour Innovation Award winner.
“Thanks to Tech Tour, we finalized our $ 22.8 million fundraising last year in just 3 weeks. For the second consecutive year, it is a recognition of the work we have accomplished that allowed us to drive Cedexis where we wished: to be recognized as a high-growth European company. This allows us to continue our mission and go even further: make the fastest Internet for all “, said Julien Coulon, Cedexis founder.
William Stevens, Managing Director, Tech Tour, commented “The billion dollar “unicorn” successes that grab our attention are just the tip of the iceberg. The Tech Tour Growth 50 puts the next layer of Europe’s high-tech, high-growth businesses in the limelight. These are Europe’s future potential unicorns – the companies with the most promise to have a global impact. The Tech Tour Growth 50 Companies have created over 9, 000 high-tech jobs, raised over $3.7 billion of investment from 309 investors and have an estimated average valuation of $338 million. This is a clear demonstration of Europe’s strength and competitiveness in scaling-up tech businesses.”
Cedexis is proud to be one of the companies that is transforming the age of the Internet, an area where Europe has an obvious competitive advantage.
More information on TECH TOUR GROWTH 50: www.techtourgrowth50.com.