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.
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.
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.
“Every year, the program serves as a reminder never to underestimate the promise of a great idea, the role of passion, the importance of management talent, and the significance of having the right team. Marcum is extremely proud to partner with the Connecticut Technology Council in presenting this year’s outstanding class of top technology companies. We enthusiastically congratulate all the winners,” said Anthony P. Scillia, Partner-in-Charge, Marcum New England.
CTC and Marcum LLP will honor the Top 40 companies September 26, 2013 at the Oakdale Theater in Wallingford. This year’s event sponsors include: title sponsor Marcum LLP, AT&T Connecticut, Comcast Business Class, Connecticut Innovations, MY HR Supplier, the law firm of Pullman & Comley, OneBeacon Insurance Group, Robert Half Technology, TriNet HR Corporation, UK Trade & Investment, Webster Bank, Xand, and Wellstone Insurance. To register for the September 26 event, visit http://www.ct.org/Tech_Top_40.asp.
2013 Marcum Tech Top 40 Companies by Industry Category
Amphenol Corp., Wallingford
APS Technology, Inc., Wallingford
ATMI Inc., Danbury
Dymax Corporation, Torrington
EDAC Technologies Corp., Farmington
Foster Corporation, Putnam
Harman International Industries, Stamford
Rogers Corporation, Rogers
RSL Fiber Systems, LLC, East Hartford
Alexion Pharmaceuticals, Inc., Cheshire
Bio-Med Devices, Inc., Guilford
Metrum Research Group, LLC, Tariffville
EasySeat, LLC, Plainville
iSend, LLC, Middlebury
JobTarget, LLC, New London
M2 Media Group, Stamford
Mediabistro Inc., Norwalk
Priceline.com, Inc., Norwalk
TicketNetwork, South Windsor
Clarity Software Solutions, Inc., Guilford
Core Informatics, LLC, Branford
ePath Learning, Inc., New London
eVariant, Inc., Farmington
Evolution1, Inc., Avon
Higher One, Inc., New Haven
PASSUR Aerospace, Inc., Stamford
Shoptech Corporation, Glastonbury
Square 9 Softworks, Inc., New Haven
SS&C Technologies Holdings Inc, Windsor
Tangoe, Inc., Orange
Triple Point Technology, Westport