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        Michigan Stock Index



        November 18, 2016

        Don Hicks

        Founder, president, CEO, LLamasoft Inc.

        By Tom Henderson
        LLamasoft, one of the fastest-growing and best-funded tech companies in the state, was supposed to be a sideline. From 2005 to 2010, Hicks was CEO of another Ann Arbor company, a biotech called DNA Software Inc. In 2004, he had put up a bare-bones website for some supply chain software hed bought at a discount and had formed a company around it called LLamasoft. It was a nights and weekends proposition that took off dramatically in 2009. Last October, Hicks, 48, sold an equity stake in the company for $50 million to affiliates of New York City-based Goldman, Sachs & Co., the largest round of venture capital funding in Michigan for a nonmedical company. Last November, LLamasoft bought the supply chain software division of Johannesburg, South Africa-based Barloworld Ltd., and in January the company announced it was moving out of the 24,000 square feet it occupied in the First National Building downtown and into almost 60,000 square feet of space at McKinley Towne Centre.
        • 50 names to know in information technology: How we picked them

          Tom Henderson
          It is a very interesting 50, a diverse group that ranges in age from 31 to 65, a mix of women and men, of races and heritages and scientific and informational interests, of people at small startups hoping to create a niche and at huge global institutions hoping to keep theirs.