VILNIUS, Lithuania, Oct 18, 2018 – The rapidly growing 3D marketplace has been awarded for the second year in a row. CGTrader has been named a Rising Star in Deloitte´s CE Fast 50 Award 2018 for its rapid growth in the last three years. The increasing demand for 3D products and services has expanded CGTrader’s user base to over 1.5 million professional 3D designers in recent months, as the company is looking to provide new solutions for businesses interested in creating 3D content.
Deloitte has announced the winners of its CE Fast 50 program, which recognizes the fastest growing technology companies in central Europe. CGTrader, based in Vilnius, Lithuania, was named Rising Star for the second year in a row. The Rising Star category features companies established in the last three years.
Dalia Lasaite, the CEO of CGTrader, credits these achievements to bringing much needed fresh air into the 3D industry: “CGTrader was born with the notion that the market lacks a democratic place for 3D artists to sell their digital artwork. We are certain that rewarding artists fairly is the key factor that has enabled CGTrader to attract so many designers and quality 3D models to our platform in such a short time. The growing demand for 3D models in several major industries, like e-commerce, has also greatly contributed to our growth,” she said.
The company has grown rapidly in the last four years, expanding its database to over 700,000 3D models, which are used in various industries, such as e-commerce, game and virtual reality development, architecture and 3D printing, among others. The company states that over a hundred of Fortune 500 companies already use CGTrader’s services.
“As stock 3D models cost only a fraction of what is normally spent on creating 3D content, CGTrader’s value proposition has resonated strongly with the market and fuelled the company’s growth. CGTrader also offers customized solutions for businesses to solve their 3D challenges. With the development of technologies such as augmented and virtual reality, spatial computing and WebGL, it is becoming essential that 3D content creation is made more efficient. CGTrader and our growing multinational team is focused on creating solutions for the 3D market,” said Mrs. Lasaite.
CGTrader has recently celebrated several milestones: the platform reached 1.5 million users in July, and climbed over 700,000 3D model uploads in September. The company is planning to reveal several major partnerships in ecommerce before the end of the year.
CGTrader is the leading 3D model marketplace globally. The company’s platform is home to one of the largest 3D designer communities in the world. CGTrader offers a plethora of products and services for 3D content creation, including a custom freelance 3D design platform and advanced marketplace analytics for designers on the site. CGTrader is backed by Intel Capital, Practica Capital and Karma Ventures. The company has won the Deloitte Rising Star award in 2017.
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Their network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500 companies.