Clever Devices has ranked as one of the 500 fastest-growing technology, media, telecommunications, life sciences, and clean technology companies in North America on Deloitte’s Technology Fast 500™.

Frank Ingrassia, president and chief executive officer of Clever Devices, noted that more than 300 North American public transit systems use the company’s technology.

Deloitte LLP determines the rankings based on percentage fiscal year revenue growth from 2008 to 2012. Overall, this year’s honorees achieved revenue growth ranging from 137 percent to 208,897 percent during that period, with an average growth of 2,600 percent. Clever Devices grew 173 percent.