San Diego-based search marketing agency Covario was ranked number 254 in Deloitte Technology’s “Fast 500.” The list ranks the top 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. For the 17th consecutive year, software companies outnumbered any other single sector.
With 321 percent growth in the last five years, six-year-old Covario was among 64 firms on the list from Southern California. San Diego in particular was one of the most innovative cities, with 6 percent of the 500 companies headquartered here.
Tesla Motors Inc. (Nasdag: TSLA) of Palo Alto topped the list, with 279,684 percent growth in the same five-year period.