Business

Raleigh-based Aseptia ranked as one of fastest-growing private companies

Seven Triangle companies, led by Raleigh-based Aseptia, made Inc. magazine's latest list of the nation's 1,000 fastest-growing, privately owned companies.

Aseptia was ranked 15th. The other Triangle companies that made the grade: Netsertive, Appia, Two Toasters, Prime Energy Group, L&E Research and ReverbNation.

The rankings of U.S. companies are based on revenue growth over the past three years.

Aseptia's revenue expanded from just over $110,000 in 2010 to $13.8 million in 2013, a three-year growth rate of 12,427 percent. Aseptia, which operates as Wright Foods, uses patented technology invented by food scientists at N.C. State University to produce packaged foods, such as sauces and soups, that it says are better-tasting.

In March, the company announced that it had raised $18 million in new funding to continue the expansion of its food-processing business in rural Montgomery County.

Here are details on the region's other Inc. 1,000 companies:

Netsertive, a digital advertising technology company based in Morrisville, ranked No. 482. Its revenue rose from $1.8 million in 2010 to $19.5 million last year. The company's technology manages localized digital advertising campaigns for businesses.

Prime Energy Group, a Raleigh-based contractor that specializes in the use of spray foam insulation for commercial and residential buildings, ranked No. 571. The company’s revenue increased from $423,000 in 2010 to $3.9 million last year.

L&E Research, which conducts focus groups for major corporations, ranked No. 753. The Raleigh company had revenue of $4.6 million last year, up from $nearly $660,000 in 2010.

Two Toasters of Durham ranked No. 787. The company produces apps for mobile devices for its clients. Revenue increased from nearly $460,000 in 2010 to $3.1 million in 2013.

Appia ranked No. 857. The company uses advertising to help businesses get their apps discovered by consumers. The Durham-based company’s revenue rose from $7.4 million in 2010 to $46.3 million last year.

Durham-based ReverbNation ranked No. 1,000. The ReverbNation website and the company's software products help music artists connect with their fans, promote themselves and distribute their music online. The company’s revenues rose from $3.2 million in 2010 to $17.5 million last year.

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