Victoria companies ignite ICT Emerging Rockets list

Source: ReadytoRocket.com

Ready to Rocket is a unique business recognition list that profiles British Columbia technology companies with the greatest potential for revenue growth. Ready to Rocket companies, on average, have exceeded a 50% annual growth revenue growth rate and have significantly increased their employee headcount each year.

"Emerging Rockets" is a recognition program for British Columbia technology companies that are not yet in a high revenue growth stage for the "Ready to Rocket" list, but have great potential for investment and market breakthroughs in the coming year. An Emerging Rocket company is a company with great potential for market milestones but may be a few years away from maximum revenue growth. Previously called the "Ones to Watch" list, these companies have commercialized a product and are undergoing early stages of market adoption. Occasionally, this early market entry is so impressive that these early stage companies are acquired (FlickR is an example of a B.C. company recognized by this list in past and acquired shortly afterward). Frequently, "Emerging Rockets" become "Ready to Rocket" within one to two years.

The 2016 ICT (Information and Communications Technology) Emerging Rockets list features 4 Victoria-based tech startups, plus 1 startup based in Vancouver that began in Victoria. Crowd Content, Youneeq and Riipen (Riipen is based in Vancouver) are all alumni of VIATEC's Venture Acceleration Program (VAP), and EchoSec and ReferralSaaSquatch also made the list. Congratulations!