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Enterprise Work Collaboration Leader Recognized for Achieving 8453% Growth

SAN MATEO, CA and HOD HASHARON, Israel – October 29, 2013 Clarizen, the leader in enterprise work collaboration software, today announced it has been ranked as the fourth fastest-growing company in theDeloitte Technology 75_1388689466Fast 50 for Israel by achieving 8453% growth between 2008 and 2012. The foremost technology award program is part of the larger international Fast 50 program run by Deloitte. This win underscores Clarizen’s growing market momentum and the increasing need for organizations to energize and empower high-performance teams.

“With Israel being one of the top countries listed on the NASDAQ, it is truly a remarkable accomplishment to be named among the nation’s 50 fastest-growing technology companies,” said Clarizen CEO Avinoam Nowogrodski. “Clarizen’s sustained revenue growth over the last five years has proven that we are committed to our customers’ success and to our vision of leading the way to the future of work. We are truly honored to be named to the Deloitte Fast 50.”

The Deloitte Brightman Almagor Zohar 50 is a ranking of Israel’s 50 fastest-growing technology companies based on percentage growth over five years. The Fast 50 program honors business growth, technological innovation and Israeli entrepreneurial spirit. Clarizen was honored at the Fast 50 2013 awards ceremony on October 27, 2013 in Tel Aviv, Israel.

“Achieving sustained revenue growth of 8453% over five years is a fantastic achievement for a technology company operating in a competitive global economy,” said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. “Clarizen deserves great recognition for its outstanding growth, and we congratulate them.”

About Clarizen
Clarizen is a collaborative work management solution designed for people who value their time, and for organizations that value cross-company engagement. Built on a secure, scalable platform, Clarizen brings together project management, configurable workflow automation and in-context collaboration to create a meaningful engagement experience that allows everyone to work the way they work best. Everyone involved can track projects, communicate effortlessly and participate on their terms. When employees can connect to a larger and more meaningful purpose, progress is not only clear, it’s accelerated. Organizations of all sizes, across 79 countries already rely on Clarizen to help engage their people and move their business forward. The company is privately held with office locations including San Mateo (California), Tel Aviv and London.

Clarizen is a registered trademark and the Clarizen logo is a trademark of Clarizen Ltd. All other trademarks are the property of their respective owners.