"Revenue has been growing rapidly and is expected to reach $12 million to $13 million for this fiscal year, which ends in April, said company founder and CEO Suranga Chandratillake. Revenue was about $6 million the previous year, and $2.5 million the year before that. The sheer momentum of the online video explosion means the company is likely to keep growing, Chandratillake said. The company now has 60 employees, about 40 of them, including all the technical and research staff, in San Francisco. The company expects to hire 10 to 20 more in the coming year."
Sorry - why do shareholders have to learn these facts from the SF Business Times? Where, exactly, is the official trading update? Are Blinkx touting themselves for sale to the SF/West Coast hi-tech community?
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