Number of the day: Acacia’s rank among fast-growing tech firms


Today’s number is an old standby: 5. Or maybe more accurately, “5th”, as in, 5th place. That’s where a little-known Maynard company, Acacia Communications, ranks on Inc.’s new list of the fastest-growing companies in the United States.

What it means: Acacia, which provides technology to boost Internet bandwidth delivered to consumers, has innovated its way to being a force not just in Boston tech but also nationally.

And in Boston, the company is on a path that could make it the region’s next great networking tech firm, following the likes of Acme Packet, Starent, 3Com, and Wellfleet. Acacia saw astounding annual revenue growth between 2010 and last year, from $374,000 to $77 million.

Acme Packet, by way of comparison, had less than half that amount of revenue ($36 million) when it filed its intentions to go public in mid-2006; its IPO was later that year, and Oracle acquired the firm for $2.1 billion in 2013.

Bonus number: 1310 — the ordinance number that Boston city councilors cited today in moving to ban parking apps such as Haystack.

Image of a key in keyhole with numbered label via Shutterstock.

Kyle Alspach has worked in journalism in Massachusetts since 2005 and was one of the original staff writers at BetaBoston.
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