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 Advanced Manufacturing 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
Life Sciences Alexion Pharmaceuticals, Inc., Cheshire Bio-Med Devices, Inc., Guilford Metrum Research Group, LLC, Tariffville New Media/Internet/Telecom EasySeat, LLC, Plainville iSend, LLC, Middlebury JobTarget, LLC, New London M2 Media Group, Stamford Mediabistro Inc., Norwalk Priceline.com, Inc., Norwalk TicketNetwork, South Windsor
Software 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