Frontier Capital Portfolio Companies Recognized For Growth

CHARLOTTE, N.C., Sept. 16, 2014 /PRNewswire/ -- Frontier Capital, a growth equity investor in software and technology-enabled business services companies, today announced that two of its portfolio companies – Simpli.fi and MultiLing – have been recognized for top growth in their business communities. Simpli.fi was highlighted in the top five of North Texas' fastest-growing mid-size Fast Tech firms and MultiLing joined the Fast50 list of growing companies in Utah.

"MultiLing and Simpli.fi are perfect examples of companies in which we invest, software and technology-enabled business services companies in areas with significant entrepreneurial activity but limited local capital," said Michael Ramich, partner, Frontier Capital. "These companies, both in growing industries, are poised for even more success, and we're pleased to share our strategic guidance – as well as capital – to help them maximize this growth potential to the fullest extent."

Simpli.fi, based in Fort Worth, Texas, was named to the Dallas-Fort Worth Metroplex Technology Business Council (MTBC) Fast Tech 2014 list. Finishing in third out of 30, Simpli.fi reported 466.27 percent growth from fiscal 2011-13. The list recognizes the fastest growing mid-size technology companies with revenues between $2 million and $200 million and is compiled from the nomination form and independent research using publicly available information. The final rankings were published in the Aug. 29, 2014 issue of the Dallas Business Journal.

MultiLing, a 26-year old company based in Provo, Utah, made the Fast50 list in Utah, having more than doubled its revenue over the past five years – the period evaluated for the annual ranking. Companies are acclaimed for their entrepreneurial spirit, innovative business tactics and impressive revenue growth and are highlighted in the September 2014 issue of Utah Business magazine.

About Simpli.fi
Simpli.fi is an advertising technology company that simplifies digital advertising for legacy media companies and other local media networks through the use of unstructured data. It offers a programmatic platform that allows marketers unlimited value from real-time bidding (RTB) advertising exchanges by purchasing targeted display, mobile, video and social media advertising. Over 220 local media properties have chosen to stop reselling and start innovating with Simpli.fi. For information about Simpli.fi or channel opportunities, call (855) 803-6909 or visit www.simpli.fi.

About MultiLing
Founded in 1988, MultiLing is the innovative leader in IP translation and related services for foreign patent filings by Global 500 legal teams. The company defined, and continues to drive, foreign patent filing best practices, which include in-country native linguists, scientists, engineers and legal specialists who interact through processes and technologies that increase quality, consistency and on-time delivery. Clients include Procter & Gamble, Yokohama Rubber and Dow Corning. http://www.multiling.com.

About Frontier Capital 
Frontier Capital is a Charlotte-based growth equity firm focused exclusively on software and technology-enabled business services companies. Founded in 1999, Frontier partners with management teams that can benefit from capital to accelerate growth, fund acquisitions or generate shareholder liquidity. www.frontiercapital.com.

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SOURCE Frontier Capital