When most people think about the new economy, technology and life sciences immediately come to mind. Mango Languages is staking its claim in Metro Detroit's new economy with something that has been around almost as long as people: language education.
The Farmington Hills-based start-up has been growing to the tune of 20 new hires over the last year, rounding out the firm's staff to 54 employees and 200 independent contractors. It recently made the Michigan 50 Companies to Watch list after its revenue climbed to $5.9 million.
"We have grown exponentially year after year," says Michael Goulas, force multiplier & co-founder of Mango Languages
The five-year-old company has been taking in more orders from institutional organizations like libraries, and from multi-national companies. Mango Languages has also watched its internatonal orders increase, from the likes of Canada and Australia. It plans to harness more technology, moving more of its products into mobile technology, such as smartphone apps.
"There is a trend toward mobile and we're set up to take advantage of that," Goulas says. He adds "We plan to double our revenues, at least."
Source: Michael Goulas, force multiplier & co-founder of Mango Languages
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.