Awards honor state’s 40 Fastest Growing Tech Companies, part of ConnectiTECH Awards October 3
The Connecticut Technology Council (CTC) and Marcum LLP today announce the 2018 Marcum Tech Top 40, the annual recognition of the fastest growing technology companies in Connecticut. This year’s group of top-ranked companies will be honored at the new ConnectiTECH Awards event at the Connecticut Convention Center on October 3. MediaCrossing will be honored with 39 other companies and two accelerator award-winners as the class of 2018. This is MediaCrossing’s third year on the list; in 2017, the company topped the Marcum Tech Top 40.
The Marcum Tech Top 40 has honored over 400 Connecticut-based technology and tech-enabled companies since 2008. The awards recognize technology leaders in six industry sectors: Advanced Manufacturing; Energy and Environmental; Life Sciences; New Media, Internet, and Telecom; IT Services; and Software. MediaCrossing has been named a Tech Top 40 in the New Media/Internet/Telecom category. MediaCrossing is a recipient of this award due to strong revenue growth of at least $3 million in annual revenue as well growth in each of the preceding four years.
2018’s honorees are a diverse set of businesses from around the state. Eleven companies are publicly traded, and eight have over than $1 billion in annual revenue. Two younger companies, Farmington’s Diameter Health and Stamford’s Link AKC will be honored at the Tech Top 40 as Accelerators, a classification reserved for companies that successfully scaled to $3 million in revenue in fewer than three years.
“After being named the fastest-growing company on last year’s list, we’re excited to be named to the Marcum Tech Top 40 for a third consecutive year. It’s a strong indicator of how great the demand for digital and hyper-local advertising is today,” says Michael Kalman, CEO of MediaCrossing. “We’re looking forward to the new format of this year’s event, and especially to meeting and congratulating the 2018 honorees.”
“Marcum is extremely proud to partner with the Connecticut Technology Council to present the Marcum Tech Top 40 Awards which honor some of Connecticut’s most innovative companies,” said Michael K. Brooder, CPA, Marcum’s office managing partner in Hartford, Connecticut. “This annual program over the past 11 years has allowed us a fascinating glimpse into the forward thinking that keeps Connecticut on the forefront of technology innovation and business leadership. We heartily congratulate this year’s class of winners and look forward to watching their continuing contributions to Connecticut’s business environment.”
Bruce Carlson, CTC’s President and CEO added, “Growth in Connecticut must and does come from the technology sector, and these Marcum Tech Top 40 companies are exemplary of the achievements within the industry we represent in the state. As part of the ConnectiTECH Awards, the Marcum Tech Top 40 lauds the leaders in tech in Connecticut, and inspires more to follow suit.”
To date, this year’s event sponsors include: Marcum LLP and Shipman & Goodwin LLC, with support from Webster Bank. The media sponsor is WFSB.
The October 3 awards program will include the presentation of the Marcum Tech Top 40 Awards, as well as two new honors: the Most Disruptive Technology and Coolest Tech Workplace Awards. These awards are designed to stimulate the celebration of rising tech businesses and innovators and showcase the culture of technology in Connecticut in conjunction with the Marcum Tech Top 40. For more information on the Marcum Tech Top 40 and the ConnectiTECH Awards, as well as registration for this and other events, visit www.ct.org.