MPAY GATEWAY
Business: Developed a Web-based payments processing system for doctors and clinics that helps ensure they can collect co-pays and deductibles from patients.
Founded: 2005
Headquarters: Minneapolis
Website: www.mpaygateway.com
Employees: 26
Executives: Brian Beutner, CEO; Mark Tierney, founder and executive chairman; John Wallace, senior vice president; Craig Servin, software development; Timothy Hruska, operations and product development; Jim Getchell, finance
2009 revenue: $300,000 projected
Strategy: Raise growth capital to expand sales and marketing, continue to develop technology and provide operating capital.