The Top Tech Companies Head Quartered In Boston 2016
This list is only reserved to parent companies headquarted in Massachusetts, not subsidiaries or sub brands. Tech behemoths like EMC that recently got acquired by Dell will no longer be included in this list since Dell is headquartered in Texas, even though the major EMC division is still in MA. The goal of this list is to focus on Boston Based companies who have stay true to their Boston and New England roots and are not actually part of subsidiaries or larger companies headquartered elsewhere. You can see my old list from 2015 here.
Here are the top tech companies in 2016 headquartered in the Boston area so far:
Unitrends provides enterprise data backup and continuity for IT professionals. The company has a vast portfolio of virtual, physical, and cloud solutions for large organizations worldwide. Unitrends has grown into a leader in the market, claiming to grow its cloud business 250% year over year. Unitrends supposedly surpassed 100 million in revenue in 2015 or 2016, they are still private so their numbers are not clear yet.
Market Cap: N/A
2016 Revenue (Projected): 125 million
Acquia is the leading in Drupal cloud hosting. They host a huge percentage of top Drupal sites and are a major company pushing the Drupal platform forward. They have surpassed one hundred million in revenue and may likely go public in the near future. They are certainly one of Boston’s top tech companies employing around one thousand employees and having stayed loyal to the Boston area since their inception, not moving to another city like Facebook or Dropbox.
Market Cap: NA
2016 Revenue (Projected): 140 million
Care.com is the leading online resource for finding a caretaker for a young child or elderly person. They have since grown into a public company employing over one thousand employees and growing. Founded in 2006 in the Boston area, Care.com continues to reside just outside of Boston in the Waltham area. They continue to grow every year as a leading technology company not only in Boston, but in the world in their industry.
Market Cap: 235 million
2016 Revenue (Projected): 160 million
Hubspot is a worldwide brand that has taken the industry by storm with its coinage of the term, “inbound marketing.” Inbound marketing refers to building a marketing engine that drives customers to you via search, and other organic means, rather than cold calling leads. They have since launched a great CRM that is free, and are constantly innovating on their product lines. With strong YOY growth, they are poised to be a leader in the marketing automation space for years to come.
Market Cap: 1.87 Billion
2016 Revenue (Projected): 269 million
Logmein is originally known for its log in product that allows you to remotely access your computer from other locations. They have since grown into a much larger SaaS company. Logmein has now acquired Citrix the Goto product family. They also recently shutdown their cloud storage service, Cubby, most likely due to competition problems from platforms like Google Drive, Dropbox, and Box. They are a Boston based company with headquarters right in the Boston proper area.
Market Cap: 2.4 Billion
2016 Revenue (Projected): 335 million
Endurance International Group
Endurance International Group has been a strong technical company in the Boston community for a long time now and runs major hosting companies like Hostgator and Bluehost. They recently acquired Constant Contact which is why they are no longer on this list, as they are simply a subsidiary of EIG. EIG is focused on helping small businesses and now has over 5 million customers worldwide, a massive amount of the small businesses in the world.
Market Cap: 1.08 Billion
2016 Revenue (Projected): 1.7 billion
iRobot is as cool of a company as they sound. As if they were from the future, they create robots that literally clean your house. They now have a robots for cleaning your rugs, mopping your floors, cleaning your pool, and cleaning your gutter. It will be interesting to see what Robots will be on the docket for the future as their capabilities grow and they can handle larger responsibilities.
Market Cap: 1.52 Billion
2016 Revenue (Projected): 650 million
Tripadvisor, one of the largest online travel companies that helps millions of people around the world find and get to where they want to go, is a staple of the Boston tech community. With a new massive office in Needham, Tripadvisor is poised to continue to grow in the travel space for years to come. They have taken a recent hit in the market, having struggled to grow revenue at their previous pace, but I am sure they will get back on track in the years to come.
Market Cap: 6.7 Billion
2016 Revenue (Projected): 1.5 billion
Wayfair is one of the most successful Boston based eCommerce companies. With revenue increasing into the billions, they are one of the leading eCommerce focused companies in the US and will soon be a larger player in the IR 1000 list. Their growth rate is fairly substantial from an eCommerce perspective and they should become the online leader in home furnishings for the foreseable future in the United States.
Market Cap: 3.29 Billion
2016 Revenue (Projected): 3.4 billion
Akamai is a leading cloud delivery network company that powers some of the largest businesses in the world. Their CDN network is massive with locations all over the world. Akamai is certainly a leader in the CDN space and will likely stay atop the space as the dominant force in the enterprise for the foreseable future, despite new startups trying to eek their way into the space. As a Boston headquartered company they are clearly one of the largest Boston tech companies out there with a strong market cap and annual revenue.
Market Cap: 10.99 Billion
2016 Revenue (Projected): 2.4 billion