23 : Edaptive Systems LLC
| Location: | Owings Mills, Md. |
| Annual growth rate: | 108.64% |
| 2011 revenue: | $37,900,000 |
| 2010 revenue: | $30,000,000 |
| 2009 revenue: | $6,500,000 |
| 2008 revenue: | $2,400,000 |
| 2007 revenue: | $2,000,000 |
| Leadership: | Frank Blair, Partner |
| Number of employees: | 187 |
| Lines of business: | Program management, data analytics, application development, database administration, web application development, software development |
| Major customers: | Centers for Medicare & Medicaid Services, Food & Drug Administration |