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No. 1,526 Satuit Technologies Norwell, MA

	Year	2008
	Industry	Software
	Founded	1994
	Growth	247.1%
	2004 Revenue	$1.1 million
	2007 Revenue	$3.9 million
	Employees	23
	Website	www.satuit.com

What it does:
Offers customized web-based CRM (customer relationship management) software for asset managers.

Why it's growing:
Company began as a project team with just a handful of people, but in 2002-2003, they switched their focus to offer their software product as a service (SaaS). The business took off from there. Currently more than 85% of their clients use the SaaS model.

What's noteworthy:
Satuit is expanding its London staff and planning on expanding to the West Coast and Pacific Rim.