D.C.-based Liquidity Services Inc. is the only Washington-area company to make Forbes’ list of the 25 fastest-growing technology companies.
Liquidity Services, which runs an online auction of surplus goods and returned merchandise for the government and large retailers, is No. 23 on the Forbes Fast Tech 25 2013 list.
“It created a profitable niche by offering commercial and government clients a way to auction their surpluses online,” Forbes notes.
Liquidity Services sold more than $259 million worth of goods through its online auction channels last quarter, up 19 percent from a year ago.