Martello Ranked as Ottawa’s Fastest Growing Company at No. 28 on the Growth 500 List

Martello Technologies Group (Martello) announced its No. 28 ranking on the 30th annual Growth 500. The Growth 500 is the definitive ranking of Canada’s Fastest-Growing Companies by Canadian Business and Maclean’s and Martello is proud to be one of the top Ottawa-based companies on the list. Produced by Canada’s premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on five-year revenue growth.

Martello made the 2018 Growth 500 list with five-year revenue growth of 2,231%.  This is the second year in a row that Martello has made this prestigious list. The Company climbed 20 spots from No. 48 in 2017 which reflects the aggressive moves it has made as a key player within the growing software defined networking and Unified Communications (UC) markets. Martello offers a cost-effective SD-WAN solution built for unified communications performance.

This accolade underscores Martello’s commitment to delivering cost effective and innovative SD-WAN products that allow its global clients in more than 150 countries, to stay connected 24/7, while detecting and resolving UC performance issues such as poor voice quality, before the user’s experience is impacted.

This is the latest recognition for Martello in 2018, with the company receiving the INTERNET TELEPHONY SD-WAN Product of the Year Award in August and debuting on the Branham300 listing of Canada’s top ICT (Information and Communications Technology) companies in June.

Martello went public with a TSXV listing on September 12th, following the closure of an oversubscribed $7.5 million private placement. The company’s ambitious growth plans include future merger and acquisition activity, an area in which the company has a positive track record. In December 2017, Martello merged with SD-WAN player Elfiq Networks.


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