CHICAGO, Nov. 13, 2015 /CNW/ -- Textura Corporation (NYSE:TXTR) today announced it ranked No. 164 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Textura's ranking was based on revenue growth of 499% from 2011 to 2014.
Textura also was the third highest-ranking Illinois-based company in Deloitte's latest Fast 500 ranking.
Dave Habiger, Textura's interim Chief Executive Officer, attributes the company's growth to its focus on delivering value by enabling construction companies to improve outcomes for critical activities across the construction project lifecycle.
"Textura's continued growth is a reflection of the increasing demand for sophisticated technology solutions that enable dramatic business process improvements at commercial construction companies. From improving payment processes to mitigating risks to enhancing project quality, Textura's solutions enable our large and growing client base to address their key business challenges and position themselves for further growth and success," Habiger said.
About Deloitte's 2015 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2011 to 2014.
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 $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Textura is a leading provider of collaboration and productivity tools for the construction industry. Our solutions serve construction industry professionals across the project lifecycle – from takeoff, estimating, design, pre-qualification and bid management to submittals, field management, LEED management, performance management and payment. With award-winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com
Annie Leschin, StreetSmart IR
SOURCE Textura Corporation