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No. 1,103   PeopleAdmin   Austin, TX

Year 2008
Industry Software
Founded 2000
Growth 339.8%
2004 Revenue $2.1 million
2007 Revenue $9.3 million
Employees 80
Website www.peopleadmin.com
What it does:
Provides human resources software to colleges, universities and the public sector across the U.S.
Why it's growing:
Credits its success with understanding the particular needs of the university and college market and the word of mouth references resulting from these customers. It also recently released two additional software modules to complement its core product, which increased revenue and allowed it to offer more services to its niche market.
What's noteworthy:
CEO Jeff Carpenter won an award for entrepreneurship as a student at Wharton. He now serves as judge for the annual Wharton Business Plan competition.

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