Pinkbike's Take:

Speaking personally with former Contour employees confirmed this story, but details are still sparse. More than likely, Contour over-extended their credit, forcing them to shut down. The helmet camera market continues to show incredible growth, and we wouldn't be surprised if another company steps in to resurrect Contour, and hopefully re-hire their former employees. - Mike Kazimer

According to a recent article on Geekwire , Contour, the Seattle, Washington, based helmet camera manufacturer has closed their HQ in Seattle. No official announcement has been released yet, but sources say that on Friday, August 2, employees were surprised by the notification that their positions had been terminated.The news comes as a surprise to those outside of the company as well – by all appearances Contour had been continuing the growth that began in 2004, when it was founded by Marc Barros and Jason Green while the two attended the University of Washington (Barros left the company earlier this year to pursue other endeavors). In 2012, Contour made Inc. magazine's list of fastest growing companies, coming in at the 277th spot with a growth of 1,303% and revenue of $27.3 million. Although impressive, Contour's numbers are dwarfed by those of their competitor, GoPro, who grossed $521 million in 2012, selling over 2 million cameras.