SOURCE: Amobee Media Systems

Amobee Media Systems

September 24, 2010 11:00 ET

Amobee Declared World's Most Valuable Mobile Advertising Company

Only Mobile Advertising Company in the Digital 100: The World's Most Valuable Startups

REDWOOD CITY, CA--(Marketwire - September 24, 2010) - Amobee Media Systems, the world's largest mobile advertising platform, has been declared the world's most valuable mobile advertising company by Business Insider. The Digital 100 list, which includes Facebook, Skype, Twitter and GroupOn, ranks the value of start-ups based upon market share, market size, growth rate and financial performance.

Amobee clearly stands out amongst mobile advertising companies as the only member of the Business Insider 2010 Digital 100 Companies, recognizing the company's value as the largest mobile advertising platform in terms of both reach and financial performance.

In the past few months Amobee has been a Red Herring 100 North America Award winner, recognized by the Mobile Entertainment Forum for its contribution to mobile advertising and been declared a 2010 Technology Pioneer by the World Economic Forum. Last week Amobee achieved the industry's first million dollar weekend, processing the largest amount of money by any mobile advertising company.

Zohar Levkovitz, Amobee founder and CEO: "Silicon Alley Insider has looked beyond the hype around impressions and recognized Amobee as the number one performer in connecting advertisers with mobile users. To be the most valuable property in the fastest growing advertising medium is a great honor, and we believe a true reflection of our global position."

Amobee powers mobile advertising for the world's largest mobile operators, publishers, application developers and app stores and delivers effective ad campaigns through its media agency division, RingRing Media, for numerous Fortune 500 clients.

Sitting at the center of the mobile advertising ecosystem, Amobee allows advertisers to regularly reach approximately 1 out of every 7 people globally, across all devices using any format from text SMS to animated Rich Media.

About Amobee Media Systems

Headquartered in Redwood City, California, Amobee Media Systems is dedicated to advertisers, operators, developers and publishers, allowing advertising in all forms of mobile communication and content. Its platform is the most globally deployed, allowing advertisers to place and manage brand building, direct response and lead generation campaigns that achieve results.

The company enjoys financial backing from some of the biggest names in venture capital: Sequoia Capital, Accel Partners and Globespan Capital, as well as strategic investments from Motorola, Cisco and leading operators Vodafone and Telefónica.

Contact Information

  • For more information please contact:
    Amobee PR
    Tel: +1 650 390 7666
    Email: Email Contact