September 24, 2015
Marcum LLP and Connecticut Technology Council Announce 2015 Marcum Tech Top 40 Winners; New Haven's Continuity Named Connecticut's Fastest Growing Technology Company
Hartford, CT - Marcum LLP and the Connecticut Technology Council tonight announced the winners of the 2015 Marcum Tech Top 40, an annual awards program recognizing the fastest growing technology companies in Connecticut. Results were unveiled at a gala reception at the Oakdale Theater in Wallingford.
The overall 2015 winner is New Haven-based Continuity, a software provider that delivers technology solutions that automate compliance management for financial institutions. Continuity led this year's companies with revenue growth of 1,142 percent since 2011. The relatively young company was founded in 2007 and is led by Andrew Greenawalt, its CEO and co-founder. This is Greenawalt's second go-around with a Tech Top 40 company, having been a founder of 2008-2011 finalist Perimeter eSecurity (now SilverSky).
Other 2015 category winners are:
- Revolution Lighting Technologies Inc., Stamford (Advanced Manufacturing)
- FuelCell Energy, Inc., Danbury (Energy/Environmental Technologies)
- Alexion Pharmaceuticals, Inc., Cheshire (Life Sciences)
- iSend, LLC, Middlebury (New Media/Internet/Telecom)
- Datto, Inc., Norwalk (IT Services)
The Marcum Tech Top 40, now in its 8th year, recognizes technology companies with at least $3 million in annual revenue and a four-year record of growth, in six industry sectors. Both privately held and publicly traded companies are eligible.
"The annual Marcum Tech Top 40 is a highlight of the year for our national High Technology Services Group and our New England region, in particular," said Anthony P. Scillia, Partner-in-Charge, Marcum New England. "As always, the technology companies being honored this year are true innovators that provide a model of business success in an increasingly complex market environment. Marcum is extremely proud to partner with the Connecticut Technology Council on this outstanding program and enthusiastically congratulates all the finalists and category winners."
"Technology companies are challenged by a shared set of obstacles ranging from capital-raising and complex revenue reporting to intellectual property management and international expansion. The 2015 Marcum Tech Top 40 finalists and winners are best-in-class by all of these measures," said Michael Brooder, Partner-in-Charge of Marcum's Hartford office.
Bruce Carlson, CTC's President & CEO, said, "Each year, at the Marcum Tech Top 40 event we are reminded that technology companies are thriving in Connecticut. We need to support these companies and the others that are in the growth pipeline in order for Connecticut to achieve the job creation and economic growth we are all striving for. The CTC will continue to advocate for policies and programs that will help our technology community."
2015 Marcum Tech Top 40 Companies by Industry Category
(Company Name, Category, City, County)
Amphenol Corporation, Advanced Manufacturing, Wallingford, New Haven
APS Technology, Advanced Manufacturing, Wallingford, New Haven
Barnes Group Inc., Advanced Manufacturing, Bristol, Hartford(1)
Dymax Corporation, Advanced Manufacturing, Torrington, Litchfield
Harman International Industries, Inc., Advanced Manufacturing, Stamford, Fairfield(1)
Hexcel Corporation, Advanced Manufacturing, Stamford, Fairfield(1)
RBC Bearings INC, Advanced Manufacturing, Oxford, New Haven(1)
Revolution Lighting Technologies, Inc., Advanced Manufacturing, Stamford, Fairfield(1)
FuelCell Energy, Inc., Energy / Environmental / Green Technology, Danbury, Fairfield(1)
Proton OnSite, Energy / Environmental / Green Technology, Wallingford, New Haven
F3 Technology Partners, IT Services, West Hartford, Hartford
Gartner, Inc., IT Services, Stamford, Fairfield(1)
MResult Corporation, IT Services, Mystic, New London
SAI Systems International, Inc., IT Services, Shelton, Fairfield
Southridge Technology Grp, LLC, IT Services, Brookfield, Fairfield
The Network Support Co., IT Services, Danbury, Fairfield
VLink, Inc., IT Services, South Windsor, Hartford
Alexion Pharmaceuticals, Inc., Life Sciences, Cheshire, New Haven(1)
Protein Sciences Corporation, Life Sciences, Meriden, New Haven
Metrum Research Group, Life Sciences, Tariffville, Hartford
Bio-Med Devices, Life Sciences, Guilford, New Haven
Chief Executive Group, LLC, New Media / Internet / Telecom, Greenwich, Fairfield
HealthPlanOne, LLC, New Media / Internet / Telecom, Trumbull, Fairfield
iSend, LLC, New Media / Internet / Telecom, Middlebury, New Haven
M2 Media Group, New Media / Internet / Telecom, Stamford, Fairfield
Priceline Group Inc., New Media / Internet / Telecom, Norwalk, Fairfield(1)
Reality Interactive, New Media / Internet / Telecom, Middletown, Middlesex
TVEyes Inc., New Media / Internet / Telecom, Fairfield, Fairfield
Clarity Software Solutions, Inc., Software, Madison, New Haven
Continuity, Software, New Haven, New Haven
Core Informatics, Software, Branford, New Haven
Datto, Software, Norwalk, Fairfield
Evariant, Software, Farmington, Hartford
Higher One Holdings, Inc., Software, New Haven, New Haven(1)
Insurity, Software, Hartford, Hartford
Shoptech Software Corporation, Software, Glastonbury, Hartford
Square 9 Softworks, Software, New Haven, New Haven
SS&C Technologies, Software, Windsor, Hartford(1)
Tangoe, Inc., Software, Orange, New Haven(1)
(1) Publicly traded.
The 2015 Marcum Tech Top 40 is sponsored by Marcum LLP, Capital One Bank, Chubb Commercial Insurance, Comcast Business, Enhanced Capital, Frontier Communications, HB Live, Pullman & Comley LLC, Stonehenge Growth Capital, TriNet, UK Trade & Investment, and Webster Bank.
About The Connecticut Technology Council
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. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms. For more information, visit www.ct.org.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Headquartered in New York City, Marcum LLP offers the resources of 1,300 professionals, including more than 160 partners, in 23 full-service offices in major business markets throughout the U.S., Grand Cayman and China. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP, Marcum Technology LLC, Marcum Search LLC, Marcum Staffing LLC, Marcum Financial Services LLC, Marcum Bernstein & Pinchuk LLP, and MarcumBuchanan Associates LLC.