Tuesday, October 20, 2009
ReachLocal Tops Fast 500 List
Woodland Hills-based ReachLocal, a provider of local search advertising services, has topped Deloitte's 2009 Technology Fast 500 list, an annual listing of companies ranked by their five year growth rates. According to the list, ReachLocal topped the list with a five-year, fiscal growth rate of 146,050 percent. The firm said it had 2008 revenues of $146.69M. Other local companies ranking highly on the list included San Diego's Entropic Communications, at number 5 (40,691 percent growth, $146.0M revenues); Carlsbad-based Genoptix, at number 15 (15,814 percent growth and $116.1M revenues); Tustin-based AMDL Diagnostics at 19; Irvine's Spectrum Pharmaceuticals, at number 22 ($28.7M revenues, 11,034% growth); San Diego's Santarus at number 23 ($130.2M revenues, 9559% growth); Ista Pharmaceuticals, also in Irvine, at number 47 ($83.0M revenues, 4279% growth); and Aliso Viejo-based Clarient, at 59 ($73.7M, 3195% growth). Other local companies in the top 100 were Cerritos-based IGNIFY at 71, San Diego's Amylin Pharmaceuticals at 76; The Search Agency, based in Santa Monica, at 83; and Beverly Hills-based Hydra at 87.