San Jose, California, Oct 14, 2010: Third Fast Private for Simplion
Simplion Technologies is hailed as one of the fastest growing companies for the third time by winning Silicon Valley/San Jose Business Journal’s Fast Private 2010 award. The publication ranks companies according to revenue growth for this yearly list. This year, the company is at number 40 from out of 60 awardees. It achieved this position by showing a 50.92% revenue growth from 2007 to 2009.
Dhiraj Sharma, CEO of Simplion Technologies started the company in 2004 with only $10,000 from his personal savings. Since then it has grown by leaps and bounds. Sharma’s goal is to grow the company at a 100 percent rate every year. Simplion’s rapid expansion certainly attests that goal is not only being met but is frequently exceeded.