DataDirect Networks (DDN) today announced its selection by the Los Angeles Business Journal as one of 2012's 100 fastest-growing privately held companies. Thanks to its sustained, rapid growth, DDN has been awarded recognition on the list for the third consecutive year, and is also the No. 1 fastest growing technology company with over $100M in annual revenue.

"We are very proud that we continue to create new jobs and do our part in boosting the economy," said Alex Bouzari, CEO and cofounder, DDN. "By enabling organizations to harness the power of Big Data, DDN helps drive innovation in many fields, from new drug discovery to better global social media and entertainment offerings, and even insight into the origins of the universe. We look forward to helping our customers continue to capture, store, protect and distribute Big Data, while growing the DDN team in California and throughout the world."

The Los Angeles Business Journal listing is the latest in a long list of awards and recognition for DDN, including Inc. Magazine's fastest-growing privately held computer company over $200M in annual revenue and Federal Computer Week's "12 Hot Companies to Watch."