Plymouth, MN, October 25, 2018 – NimbeLink, the world’s leading provider of cellular solutions and services for the industrial Internet of Things (IoT) market, announced that Minneapolis/St. Paul Business Journal honored the company as the 8th fastest growing, privately held company in the Twin Cities. A newcomer to the magazine’s annual Fast 50 issue, NimbeLink was recognized for its three-year compound annual growth rate of 183%.
“Over a short period of time we have become the trusted IoT partner to many companies, and our cellular-based solutions have emerged as fundamental building blocks of the commercial and industrial Internet of Things,” said Scott Schwalbe, CEO of NimbeLink. “Our growth can be attributed to our world-class engineering team that designs and develops innovative solutions and services that enable our corporate partners to quickly bring their IoT solutions to market. The wonderful recognition that we have received from Minneapolis/St. Paul Business Journal reflects our unwavering commitment to the success of our partners.”