Nantero Named 54th Fastest-Growing Private Company by Inc.  

No. 54   Nantero   Woburn, MA

  Year 2008
Industry Computers & Electronics
Founded 2001
Growth 2,833.0%
2004 Revenue $542,000
2007 Revenue $15.9 million
Employees 60
Website www.nantero.com

What it does:

A nanotechnology company which uses carbon nanotubes for development of next-generation semi-conductor devices.

Why it's growing:

The company offers a unique technology with widespread applicability. It says instant-on computers and more memory storage for electronics are on the horizon.

What's noteworthy:
CEO Greg Schmergel says the company's technology can replace electronic memory all over the world, and the products should be commercially available within two years.