VANCOUVER, B.C. (April 16, 2020) – Rocket Builders today announced its 17th annual “Ready to Rocket” lists naming leading AI-technology company Two Hat as one of the “Ready to Rocket” companies in the Information and Communication Technology category. The list profiles British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers. Two Hat was highlighted for their leading Community Sift product.
The annual 2020 “Ready to Rocket” list provides accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year. Two Hat is listed among 41 companies in the Information and Communication Technology category.
“We are honored to again accept this recognition from Rocket Builders. Two Hat has seen exponential growth since its inception and we are happy to be recognized alongside our peers in the technology industry,” said Chris Priebe, CEO and founder of Two Hat Security. “Companies now have an even greater responsibility to be accountable for the content on their platforms and we hope that our tools and others are utilized to help combat negative content online so that users have an enjoyable experience and our children are kept safe from harm.”
Two Hat is the creator of Community Sift, a powerful risk-based chat filter and moderation software that protects online communities, brands and bottom lines. Community Sift is the industry leader in high-risk content detection and moderation, protecting some of the biggest online games, virtual worlds and social products on the internet. With the number of child pornography incidents in Canada on the rise, Two Hat is collaborating with the Royal Canadian Mounted Police (RCMP) and leading academic partners to train a groundbreaking new AI model, CEASE.ai, to detect and remove child sexual abuse material (CSAM).
“Over the 18 years of the program, the B.C. technology sector has steadily grown each year, and presents a challenge to select and identify the most likely to succeed for our Ready to Rocket lists,” said Geoffrey Hansen, Managing Partner at Rocket Builders. “In recent years, a startup economy has blossomed yielding a rich field of companies for our consideration, with over 600 companies reviewed to make our selections of 200 winners. Our Emerging Rocket lists enable us to profile those earlier stage companies that are well positioned for investment.”
The average growth rate on that list was over 40%, including 31 companies with double-digit growth and 12 exceeding 100% growth.
Two Hat has been named a “Ready to Rocket” company for five consecutive years. This year’s award follows Two Hat’s recent acquisition of ImageVision, an image recognition and visual search company, and the launch of CEASE.ai.
About Two Hat Security
Two Hat’s AI-powered content moderation platform classifies, filters, and escalates more than 30 billion human interactions, including messages, usernames, images, and videos a month, all in real-time.
With an emphasis on surfacing online harms including cyberbullying, abuse, hate speech, violent threats, and child exploitation, we help a variety of social networks to foster safe and healthy user experiences.
Our two hats represent our unique approach to moderation. By filtering and surfacing negative content, we make room for positive online experiences and deeply human interactions. More than a filter, we provide an all-in-one content moderation solution, with data analysis, content escalations, flexible workflows, auto-moderated user reports, and more.
About Rocket Builders
Rocket Builders produces the “Ready to Rocket” list which profiles information technology companies with the greatest potential for revenue growth in the coming year. The lists are predictive of future success making them unique in approach and unique in value for our business audience. The “Ready to Rocket” lists are the only predictive lists of its kind in North America, requiring many months of sector and company analysis. The 2019 list features 85 “Ready to Rocket” technology growth companies and 118 “Emerging Rocket” early stage startups.