News Column

4 Colorado Springs firms make Inc.'s list of the 5,000 fastest-growing companies

August 21, 2014

By Wayne Heilman, The Gazette (Colorado Springs, Colo.)



Aug. 21--This year's list of the nation's 5,000 fastest-growing companies from Inc. magazine was as notable for which Colorado Springs company didn't make the cut as it was for the four local firms that did -- including two that qualified for the first time.

Springs companies on the fast track

Four Colorado Springs companies made the Inc. magazine list of the 5,000 fastest-growing companies.

- No. 469. Themesoft. According to the company's website, it offers workforce staffing, direct hire, contract to hire, contract, information technology consulting, software development, cloud computing and search-engine optimization, among other services. The company employs 150, including 100 added since 2010, in Colorado Springs and seven other locations worldwide.

- No. 3,663. Braxton Science & Technology Group, which develops software for the National Aerospace and Space Administration. It had revenue growth of 88 percent from 2010 through 2013, going from $14 million to $26.4 million. The company was founded in 1994 and employs 133, including 58 added since 2010, and has made the list for five consecutive years, including 3,735th in 2013.

- No. 3,738. Infinity Systems Engineering LLC, which provides advisory, intelligence and information technology services to the federal government and government contractors with a specialty in satellite space systems. Its revenue grew from $13.7 million in 2010 to $25.3 million in 2013 -- an 85 percent jump. The company was founded in 1996 and employs 115, including 40 added since 2010, and has made the list seven consecutive times, including 4,177th in 2013.

- No. 4,670. Xtivia Inc. debuted on the list thanks to revenue growth of 53 percent, from $15 million in 2010 to $23 million in 2013. The company was started in 1992 and employs 120, including 45 added since 2010.

Intelligent Software Systems Inc., which has been on the Inc. list every year but one from 2004 to 2013, didn't make it this year, likely because its revenue didn't grow enough in the last three years. Companies needed a 42 percent growth rate from 2010 through 2013 to qualify.

The Colorado Springs-based developer of data integration, analysis and reporting software ranked 2,482nd on the 2013 list with revenue growth of 144 percent in the previous five years.

Company officials were not available Thursday for comment.

Themesoft Inc., an information technology staffing company that started in 2004, debuted on this year's list at 469th and was the highest-ranked Colorado Springs company. From 2010 through 2013, its revenue grew 1,001 percent, from $2.1 million to $23.1 million.

The other Colorado Springs company making its debut was Xtivia Inc., a database management provider owned by Israeli information technology company Matrix.It ranked 4,670th.

Two others -- Braxton Science & Technology Group and Infinity Systems Engineering LLC -- made repeat appearances on the list, which was posted Wednesday on the magazine's inc.com website and will appear in its September print edition.

Fuhu Inc., an El Segundo, Calif.-based creator of an Android tablet for kids and an Adobe Air application that allows children to access the Internet in a parent-controlled environment, topped the list for a second consecutive year. Only one other company, Charlotte, N.C.-based Cogentrix Energy Power Management LLC, ranked first in consecutive years.

Boulder-based minuteKEY Inc., which operates self-service, automated key duplication kiosks located in large chain retailers, was the top-ranked Colorado company on the national list, ranking 11th in its debut. In all, there were 122 Colorado companies on the list, including 90 from Denver.

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Contact Wayne Heilman: 636-0234

Twitter @wayneheilman

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(c)2014 The Gazette (Colorado Springs, Colo.)

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Source: Gazette (Colorado Springs, CO)


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