Portland software startup a repeat star on Inc. magazines regional leaderboard
Summary
Portland-based industrial software startup HighByte grew revenue 220% between 2022 and 2024 and ranked No. 23 on Inc. magazine's latest list of the Northeast's fastest-growing private companies. Founded in 2018, the company has expanded to 43 employees, with about two-thirds based in Maine, and also made Inc.'s national and regional lists for 2025. Co-founder and CMO Torey Penrod-Cambra credits growth to operational strength, product R&D, and partnerships with AWS and Snowflake, alongside industry tailwinds like cloud migration, edge compute, on-shoring, and supply chain volatility. HighByte plans to sustain momentum by focusing on R&D, global partnerships, employee development, recruiting, and investing in systems and tools to improve operations.
