REDTRAY in Sunday Times Microsoft Tech Track 100 for second year running
REDTRAY, the true blended learning company, achieved 23rd position in the Sunday Times Microsoft Tech Track 100 published on Sunday 30 September. REDTRAY's sales soared to 164% a year from £759,000 in 2004 to £5.3m in 2006.
Bob Woodland, CEO of REDTRAY says, "This is a major accomplishment. We came 23rd this year but most notably, we were the best performer of last year's top 10. I am particularly proud of our team. They have achieved exceptional growth while maintaining such high standards of Client service."
Jon Moulton of Alchemy Partners was an early stage investor in REDTRAY with £600,000. Founded in 2001 by a team that includes chief executive Bob Woodland, REDTRAY provides online training programmes for clients that include BAE Systems, Orange and CSC Computer Science Corporation. Based in Surrey, the company also delivers bespoke instructor-led courses at customers' own offices. Acquiring its competitor Bourne Training and entering a partnership with Skillsoft last year have opened the door to new clients.
Now in its seventh year, the annual Sunday Times Microsoft Tech Track 100 league table ranks Britain's one hundred fastest-growing private technology companies by their sales growth over a two-year period. The full findings were published in The Sunday Times business section on 30 September and on the internet at www.fasttrack.co.uk.