For the second time in two years, Inc.magazine has named MindFire Communications one of the fastest-growing privately-held companies in America. The annual listing placed MindFire in the 3,296th spot in the country, and 14th spot in the state of Iowa. MindFire is officially incorporated in Cedar Rapids.
The impressive rankings reflect MindFire’s aggressive growth since its formation in 2007 and its three-year revenue growth of 103 percent. As a result of this growth, MindFire recently moved into a brand new facility at 126 S. Cody Road in Le Claire that is nearly triple the size of its previous office space.
"We’re thrilled to be included in the Inc. 5000 and honored to be recognized amongst many of America’s elite independent entrepreneurs,” said Lynn Manternach, president and co-founder of MindFire Communications. "Our growth over the past few years has been tremendous, thanks to our roster of amazing clients from diversified backgrounds. This recognition is a tribute to the fact that MindFire continues to work effectively with clients to help them succeed.”
This year’s list of Inc. 5000 companies measures revenue growth from 2010 through 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. Additionally, they had to be U.S.-based, privately held, for profit, and independent – not subsidiaries or divisions of other companies.