In what has been an incredible year, Spongecell has just been ranked #2 in the 2011 Technology 200 awards. The list is based on the highest percentage revenue growth from 2008 to 2010. According to VentureBeat, “more than 600 companies applied, all of whom are based in the United States, are private, and earned over $500,000 in revenues in the year 2010.”
Last year the list focused on 500 of the top growing startups (Spongecell among them, #17), but the company wanted to focus on a tighter group this year, says Tom Blue, founder of Lead411 and the Technology 500.
“Everyone’s got a top 500 list. But we wanted to see how the top 200 fared,” said Blue, “The higher up the list you go, the more trends you see in terms of what’s helping these brands succeed.”
Read what they are saying about the list in VentureBeat
Also, be sure to check out Spongecell CEO, Ben Kartzman’s interview on the award site.







