Growth Companies

Farmington Hills-based Critic Signal Technologies recently landed $2 million from Michigan's 21st Century Jobs Fund, along with $6.6 million in accompanying venture capital. It's an investment that is expected to create another 366 jobs at a firm that already employs 146 people.

A life sciences tech company that develops 24-hour personal emergency response and remote medical monitoring services for elderly and disabled people, CST is the wave of the future, allowing elderly and infirmed patients to live a safer and more independent life.

Only a little more than 2 years old (the company launched in 2006), Critical Signal has built its client base to more than 3,000 customers and plans to add its new employees and contractors over the next three years as it aims to pump up its revenues to $15 million annually.