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LLamasoft hires 60, shifts focus to profitability

Last year, LLamasoft scored $6 million in venture capital. Since then it has hired 60 people as it scales its logistical software products. This year the downtown Ann Arbor-based company is going to be all about consolidating those gains and focusing on maximizing profitability.

The 11-year-old company has grown its revenues by 70 percent over the last year and expects to do that again in 2013. All of that new business is coming from customers in a wide variety of industries, stretching from oil & gas to life sciences. LLamasoft's biggest customers are in the food & beverage and consumer goods industries.

"We're doing well across every industry," says Toby Brzoznowski, co-founder & executive vice president of LLamasoft.

LLamasoft now employs 150 people after hiring 60 in the last year. About 70 percent of those 150 are in its recently expanded downtown Ann Arbor office. The company now has offices in the United Kingdom, China, South America, Australia and Africa. Brzoznowski expects his staff to grow another 20 percent over the next year.

He chalks the slower growth in hiring up to the company's focus on maximizing profitability this year instead of revenue gains. The company is also getting set to release a number of new software products, including some that migrate more of the logistical work to the cloud and mobile platforms.

Source: Toby Brzoznowski, co-founder & executive vice president of LLamasoft
Writer: Jon Zemke
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Related Company

  • LLamasoft
    201 S Main St, Suite 400
    4th Floor
    Ann Arbor, Michigan 48104 Website
    Founded in 1998, Ann Arbor-based LLamasoft develops cutting edge optimization and simulation techniques that help companies strategize supply chain deliveries and stock inventory.