|[November 14, 2012]
PubMatic Ranked 3rd Fastest Growing Company in US Internet Sector, 20th Fastest Overall in North America, on Deloitte's 2012 Technology Fast 500™
NEW YORK --(Business Wire)--
the digital media platform company for publishers, today announced that
it ranked 20th on Deloitte's (News - Alert) Technology Fast 500™, a ranking
of the 500 fastest growing technology, media, telecommunications, life
sciences and clean technology companies in North America. PubMatic grew
9,717 percent from 2007 - 2011, making it the fastest growing RTB
company and the third fastest growing internet company on the list.
Overall, 2012 Technology Fast 500™ companies achieved revenue growth
ranging from 128 percent to 279,684 percent from 2007 to 2011, with an
average growth of 2,774 percent.
Rajeev Goel, Co-Founder & Chief Executive Officer, credits the
innovation of the company's strategic selling platform (SSP) and the
increased monetization rates experienced by the company's premium
publisher clients as key drivers in the company's revenue growth.
According to Goel, "We were first to market with real time bidding for
publishers. This year alone we have introduced PMP (Private Marketplace)
where publishers automate sales while furthering their client
relationships and Unified Optimization/Insights which provides holistic
sales channel management for publishers. This kind of innovation is
proving to premium publishers that a platform like ours is a key part of
the present and future of their ad sales. We're honored to be named to
this prestigious list by Deloitte."
The PubMatic Deloitte Technology Fast 500 appointment comes during a
period of dramatic growth in terms of product development and funding
increases for PubMatic. The company announced a $45 million dollar
mezzanine round of funding in June led by August Capital that has been
earmarked for strategic acquisitions and international expansion.
The company recently expanded into Germany, France, and Australia. In
2012, major product innovations included PubDirect (The Unified
Optimization Engine is the first solution in the industry that enables
publishers to dynamically optimize inventory across all direct and
indirect sales channels) and PubLink (which helps publishers easily
integrate third-party solutions via pre-packaged API's) and an
integrated platform for mobile monetization.
For more information, visit www.pubmatic.com/pressreleases
About Deloitte's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a
ranking of the fastest growing technology, media, telecommunications,
life sciences and clean technology companies - both public and private -
in North America. Technology Fast 500 award winners are selected based
on percentage fiscal year revenue growth from 2007 to 2011. Past winners
include OpenTable, LinkedIn (News - Alert), Google and Box. In order to be eligible for
Technology Fast 500 recognition, companies must own proprietary
intellectual property or technology that is sold to customers in
products that contribute to a majority of the company's operating
revenues. Companies must have base-year operating revenues of at least
$50,000 USD or CD, and current-year operating revenues of at least $5
million USD or CD. Additionally, companies must be in business for a
minimum of five years, and be headquartered within North America.
Since 2006, PubMatic has been at the forefront of developing innovative
technology to help publishers automate the process of evaluating and
selling their advertising inventory. PubMatic (http://www.PubMatic.com)
gives premium publishers a real-time media selling platform for managing
revenue and brand strategy. PubMatic's platform combines real-time
bidding (RTB), the most comprehensive brand protection tools, unified
optimization and audience insights as well as hands-on support to serve
the world's leading publishers. PubMatic is privately held, backed by
funding from August Capital, Draper Fisher Jurvetson, Nexus Venture
Partners, and Helion Ventures, and has offices around the world in the
U.S., Europe and Asia.
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