Hiring Trends From Inside Minnesota’s VC/PE-Backed Tech Firms [part 4]

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peopleBetween February [2] and June of 2016, we looked at hiring trends from inside a number of VC/PE-backed Minnesota tech firms using visual data sourced from LinkedIn.

Coming back to that roughly one year later, here are some fresh hiring trends from inside some of Minnesota’s most funded tech firms: Code42 ($137m VC), Jamf ($30m PE), Ability Network ($550m PE), RedBrickHealth ($75m VC), Leadpages ($38m VC), Zipnosis ($20m VC), When I Work ($25m VC), Bright Health ($80m).

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Jamf Hits Record Growth Surpassing $100m Billings

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Via News Release

“MINNEAPOLIS, MN–(Marketwired – Jan 19, 2017) – Jamf, the leader in Apple device management, concluded 2016 with another year of record growth, expanding its base of customers 49 percent over 2015.

The company surpassed the $100 million mark for the first time, achieving more than $110 million in total annual billings, which represents 38 percent growth. Further, Jamf grew its count of total managed Apple devices 37 percent, which includes Mac, iPhone, iPad and Apple TVs.”

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When a Founder CEO Hands Over the Reins

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By Zack Halmstad, Entrepreneur.com

“Bill Gates. Jeff Bezos. FedEx’s Fred Smith. Dave Thomas of Wendy’s. Mark Zuckerberg. If the business world had a hall of fame for founder/ chief executive officers, they would be some of its charter members. These innovators not only started high-flying companies but ran them for a long time, or still do.

They’re the exceptions, however. Here’s a more common scenario: Entrepreneur starts a company. Company grows. To take the startup to the next level, founder decides to surrender management control to a CEO from the outside but remain very involved as a strategic leader.”

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Thank You Sponsor: JAMF Software

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It is important we recognize those who financially sponsor TECHdotMN because their contribution advances Minnesota’s technology industry.

Thank you JAMF Software for reinvesting!

What does JAMF Software do?

JAMF Software, and our flagship product the Casper Suite, helps organizations get the most out of the Apple platform. The Casper Suite gives IT admins the tools to deploy, update, configure, and secure their fleet of Apple devices.

With the rise of Apple devices used in businesses, schools, and other organizations, we saw the need for a great management tool that helps IT admins and users alike. Users get to work with the Apple products they prefer — IT administrators get their nights and weekends back.

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Hiring Trends From Inside Minnesota’s PE-Backed Tech Ventures

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peopleEarlier this month, we used LinkedIn’s new data visualization tools to capture hiring trends at some of Minnesota’s VC-backed tech ventures .  Now, let’s look inside some of Minnesota’s Private Equity-backed firms to see what headcount is like over the past 24 months.

Note that this does not include those which have moved operations/headquarters, that the company must have at least one job posted on LinkedIn, and that the the data set is limited by the number of employees accurately listed on LinkedIn.

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JAMF Software Readies To Relocate, Plans For More Growth Ahead

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By Neal St. Anthony, Star Tribune

“Minneapolis-based JAMF Software, the Apple device management firm that grew by 165 employees to 505 over the last year, will leave downtown’s Grain Exchange Building this spring for larger quarters in refurbished 100 Washington Square, part of the two-building complex in the Gateway District that’s being refurbished by owner Shorenstein Properties of San Francisco.”

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Four Minnesota Tech Companies Make The 2015 Deloitte Technology Fast 500

Deloitte Fast 500 2015New York professional services behemoth Deloitte announced today their annual ranking of the fastest growing North American tech companies.

The Deloitte Technology Fast 500 measures innovation, entrepreneurship and rapid growth to identify “companies are on the cutting edge and are transforming the way we do business.”

Similar to the Inc. 500/5,000, but with an exclusive tech sector focus, the profiling provides insight into which local companies are growing based on percentage fiscal year revenue from 2011 to 2014. In 2012 and 2013, three Minnesota technology companies had ranked; last year, like this year, four are listed:

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