The Minneapolis/St. Paul Business Journal unveiled its 2012 rankings of the 50 Fastest-Growing Private Companies in Minnesota on Thursday, October 18th.
Javen Technologies led the list as the fastest growing private company with a growth rate of 68.02 percent between 2009 and 2011. This is the 4th year in a row that Javen Technologies has been named in the Fast 50 list in 2011.
All companies that made the list are headquartered in the 13-county metro area and had to provide financial data for their three most recent fiscal years. All list-makers needed to have revenue of at least $1 Million in the first of those three years and show consecutive growth in the following two years.