iLearningEngines, an AI platform used to deliver mission-critical training to organizations, continues to top the list of the fastest growing tech companies in Maryland, according to the 2019 Deloitte Technology Fast 500.
Overall, 10 Maryland companies were named to this year’s prestigious technology rankings, including Tenable, who participated in Governor Hogan’s recent mission trip to Australia; Sonatype, who has been named one of the most innovative cybersecurity companies in the world; and REGENXBIO, who announced plans to double its workforce late last year. Deloitte’s Fast 500 highlights companies of all sizes that are releasing innovative products and emerging technologies throughout the country.
“I’m excited to see so many familiar faces included in this year’s Fast 500 rankings,” said Maryland Commerce Secretary Kelly M. Schulz. “With our top universities and dozens of incubators and research parks throughout the state, we are producing more highly-skilled workers and successful technology companies than ever before.”
|Top Fastest Growing Tech Companies in Maryland 2019|
|156||Trinity Technology Partners||Software||Greenbelt|
|242||CloudBolt Software, Inc.||Software||Rockville|
With the software industry dominating Maryland's rankings, it's no surprise the sector has experienced continued growth over the past year, increasing from 300 to a total of 343 companies in the rankings. Biotechnology and pharmaceutical companies ranked second, and the digital content and media entertainment sector rounded out the top three industries.
Companies chosen for the 2019 Technology Fast 500 were selected based on revenue growth percentages from 2015-2018, must be headquartered in North America, and be in business for at least four years. Learn more.