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No. 184 Smarsh Portland, OR

	Year	2008
	Industry	IT Services
	Founded	2001
	Growth	1,318.1%
	2004 Revenue	$263,852
	2007 Revenue	$3.7 million
	Employees	40
	Website	www.smarsh.com

What it does:
Provides regulatory compliant archiving of electronic messages for financial and legal institutions.

Why it's growing:
Instead of diversifying its product line, Smarsh focuses on the growing need of companies to comply with government regulation of message archiving.

What's noteworthy:
Smarsh originally started with a web based communications product but dropped it when demand for their minor secondary product, electronic message archiving, became overwhelming.