Irvine, CA – Technossus ranked an impressive 18th place on the Orange County Business Journal’s (OCBJ’s) annual ranking of the Top 100 Fastest-Growing Orange County-Based Private Companies. With a two-year revenue surge of 435%, the Irvine-based technology consulting and software solutions provider has experienced rapid growth since being founded in 2008, surpassing even growing Fortune 500 companies on the list.
The full 2013 list includes 165 companies with combined revenues totaling $21.5 billion and a 40% average growth rate. Companies include OC-based businesses owned by individuals, groups, families, venture capitalists, private equity firms and other investors. “We are thrilled to be ranked among other highly successful companies operating in the vibrant and diverse Orange County business community. We have every intention of sustaining this rapid growth rate through the ongoing pursuit of business technology opportunities in current and emerging markets,” said Technossus CEO Ravnish Bhalla.
Technossus also recently ranked 620th in Inc. Magazine’s 7th annual Inc. 500|5000, placing them in the top 12.4% of an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Among all Inc. 5000 companies, Technossus also ranked 53rd on the list of Top 100 Software Companies and 48th on the ranking of Top Companies in the Los Angeles Metro Area. Technossus has grown tremendously since 2009, increasing revenue by 741%.
Technossus LLC is a multinational software solutions and technology consulting company with corporate offices in Irvine, CA. Founded in 2008, Technossus has experienced tremendous growth in recent years, expanding rapidly within key business verticals including Healthcare and Life Sciences.
The OCBJ fastest-growing private companies list includes companies that had annual sales of at least $300,000 for the 12 months through June 2013. This year’s list required companies to show at least 15% growth in revenue for the 12 months through June 2013 compared to the same period two years ago. Additional information about this list and other OCBJ rankings can be found at www.ocbj.com