FastSpring Trumpets Growth

Santa Barbara-based FastSpring, a firm which provides e-commerce services and payment processing for online software sellers, claims that the firm had 500% growth in its revenues in 2009. According to CEO Dan Engel, the growth was driven by new clients such as AteBits (makers of Tweetie), Mailplane, BreezeTree Software, and Moonrug (makers of Moonrug Mobile for Android). Engel did not disclose actual financials related to the firm. Engel was an executive at Picasa at the time of its acquisition by Google, and has also served at such firms as GoToMyPC, Morpheus Software, Google, and Sanity Software.