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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="needham_C000010138Member_lbl" xml:lang="en-US">Needham Growth Fund | Retail Class</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="needham_BadgerMeterIncMember_lbl" xml:lang="en-US">Badger Meter, Inc.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="needham_AmbarellaIncMember_lbl" xml:lang="en-US">Ambarella, Inc.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="needham_HarmonicIncMember_lbl" xml:lang="en-US">Harmonic, Inc.</link:label>
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