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November 13, 2017

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Deloitte Loves Donuts - Names New gTLD Giant North America's Fastest Growing Tech Company 

Business consulting giant Deloitte issues an annual Technology Fast 500 list ranking North America's fastest growing technology, media, telecommunications, life sciences and energy tech companies. Their official 2017 Technology Fast 500, released November 9th, has a familiar name in the top spot - Donuts Inc., the world's biggest new gTLD domain registry operator.  

The rankings are based on each company's rate of growth over three year between 2013 and 2016. Donuts, who is based in the Seattle suburb of Kirkland, Washington, posted an eye popping number of more than 59,000% to outdistance two software companies, New York based runner-up Class Pass and Boston based #3 finisher Toast.

(L to R) Donuts CFO David Rostov, Co-Founder Paul 
Stahura
and President and CEO Bruce Jaffe celebrating 
the company's #1 ranking on the Deloitte 2017 
Technology Fast 500
list.

Upon getting the good news Donuts President and CEO Bruce Jaffe cited "growing global demand for more descriptive, meaningful domain names and the company's strong business execution for powering its rapid revenue growth." 

Jaffe added, "Donuts has the world's largest portfolio of new domain names, which range from .CAREERS, .SOCIAL, .LIVE, .NEWS, and over 200 more. Individuals and organizations have recognized the power of new domains in promoting their brands online - for their primary and ancillary websites, for their social and ecommerce platforms, and for their online advertising and marketing. From TMobile.careers, to Home.credit, to FullMeasure.news, to Lifetime.life - businesses of all sizes and types are embracing new domains to connect more effectively with their target audiences. We expect that 

Donuts' Fast 500 achievement will help to further accelerate worldwide adoption of new domains."

Deloitte Vice Chairman Sandra Shirai added, "The Deloitte 2017 North America Technology Fast 500 winners illustrate the impact of technological innovation and world-class customer service in driving growth, in a fiercely competitive environment. These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."

(Posted November 13, 2017)  

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