Fresno tech companies make 200 list

Dec 11, 2012News

Fresno-based Xobee Networks, Inc. and Decipher made the Technology 200 list as two of the fastest growing tech companies in the United States in 2012. compiles the list of 200 companies on an annual basis.

Decipher ranked 126th with a three-year growth between 2008 and 2011 of 63 percent. The firm reported $14.6 million of revenue and it has a staff of 122 employees.

Xobee Networks was the No. 129 company on the list with three-year growth of 62 percent. It was founded in 1996 and generated $356.8 million in revenue with a staff of 34 employees.

“A company’s growth can be both a blessing and a curse,” said Eric Rawn, president of Xobee Networks, in a release. “It’s amazing the amount of companies that fail because they grow too fast.”

MHD Enterprises of Austin, Texas, was No. 1 on the list with three-year growth of 4,824 percent and $7 million in revenue.