Maryland State Wire

Maryland Department of Commerce issued the following announcement on Nov. 29.

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

Original source can be found here.