Inc.: A $23 Million Company Dreamed Up in a Parking Lot

Inc. 5000
October 15, 2015

by Kate Rockwood

Excerpt:  After 20 years in the IT world, Farzad Dibachi earned himself a glowing reputation with two successive companies that sold for millions. His second company Niku, which created cloud-based management applications, went public in 2000, before getting acquired by Computer Associates for $350 million in 2005. What followed is something that can only be described as going rogue. In 2007, Dibachi founded a lighting company. While his next move was decidedly analog, the mash-up of tech mindset and old-school market (commercial and industrial LED lighting) has helped catapult his company, Noribachi, to success. The company landed at No. 224 on this year’s Inc. 5000 list, with $22.9 million in revenue last year. And he’s just getting started.

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