11 Maryland tech companies among fastest growing in North America

11/29/2018| Amanda Winters

11 Maryland tech companies among fastest growing in North America

11/29/2018 | Amanda Winters

iLearningEngines, Homesnap, and Trinity Technology Partners, Inc. top the list of the fastest growing tech companies in Maryland, according to the 2018 Deloitte Technology Fast 500.

Overall, 11 Maryland companies were named to the prestigious technology awards rankings, including Supernus Pharmaceuticals and Paragon Bioservices, both who announced expansions in the state earlier this year. From the biotechnology to the software industries, the Technology Fast 500 highlights companies small and large that are releasing innovative products and emerging technologies.

“I’m proud to see nearly a dozen Maryland companies named to this year’s Deloitte rankings,” said Maryland Commerce Secretary Mike Gill. “With our booming technology sector and our talented workforce, it’s no surprise that our companies are excelling across the state in a variety of tech-related industries.”

Top Fastest Growing Tech Companies in Maryland 2018 Rank Company Growth Primary Industry City 007 iLearningEngines 14848% Software Bethesda 021 Homesnap 6336% Software Bethesda 105 Trinity Technology Partners, Inc. 1161% Software Greenbelt 305 eOriginal 266% Software Baltimore 308 n2grate 263% Communications/networking Greenbelt 344 Macrogenics, Inc. 230% Biotechnology/pharmaceutical Rockville 346 Sonatype 228% Software Fulton 349 Supernus Pharmaceuticals, Inc. 226% Biotechnology/pharmaceutical Rockville 358 Intrexon Corp 221% Biotechnology/pharmaceutical Germantown 411 Paragon Bioservices 190% Biotechnology/pharmaceutical Baltimore 476 CadmiumCD 157% Software Forest Hill

Software continues to be the top industry, growing six percent since last year, with more than 300 software companies included in the rankings. Digital content and media followed in second, with biotechnology and pharmaceutical rounding out the top three.

Companies chosen for the 2018 Fast 500 were selected based on revenue growth percentages from 2014-2017, must be headquartered in North America, and be in business for at least four years. Learn more online.

Learn more about Maryland’s IT & Cybersecurity industry, as well as our BioHealth & Life Sciences sector

Keep up with the latest.

Sign up for e-mail notifications.