Some of the names may be familiar – Priceline, Alexion, TicketNetwork, HigherOne – but most will likely not be, despite steady track-records of rapid growth in their respective technology industries. The Connecticut Technology Council (CTC) and Marcum LLP have announced the 2013 Marcum Tech Top 40 list of the 40 fastest growing technology companies in Connecticut.
Companies earn their place on the list on the basis of revenue growth over the last four years. They must have at least $3 million in revenue, with several of the public companies this year approaching or exceeding $1 billion in revenue. Companies were grouped into six technology areas: Software, IT Services, Life Sciences, Advanced Manufacturing, New Media/Internet/Telecom, and Energy/ Environmental Technologies.
The 2013 list features primarily privately held companies, but 14 public companies also made the list, including: Priceline.com, Rogers Corporation, Gartner Inc. and Alexion Pharmaceuticals.
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Geographically, Fairfield County is home to 14 companies this year, followed by Hartford County with 10 companies and New Haven County with eight companies.
The winners in each of the six categories will be announced on September 26, and one company will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals. The six category winners from 2012 – RSL Fiber Systems, FuelCell Energy, eVariant, Datto, and Alexion – as well as overall winner iSend, all earned a spot on this year’s Top 40.
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Matthew Nemerson, CTC’s President & CEO said, “Connecticut is proud of its remarkable heritage of innovation and invention. The 2013 list of Tech Top 40 companies reinforces the vital role the tech sector plays in job creation. These 40 firms are also successful models in their technology verticals and deserve the attention this event brings them.”
The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for over 2,000 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation.
CTC and Marcum LLP will honor the Top 40 companies September 26, 2013 at the Oakdale Theater in Wallingford.
There's more to the story, including a list of all 40 companies, at http://ctbythenumbers.info/2013/08/13/connecticuts-40-fastest-growing-technology-companies-earn-stat...
