LOS ANGELES, CA--(Marketwired - Aug 21, 2014) - Inc. magazine ranked AdColony in the Top 500 of its 33nd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -- America's independent entrepreneurs. AdColony, which specializes in delivering TV-like HD mobile video advertising across mobile apps, was named #114 out of 5,000 U.S. companies for its 3,235.5 percent revenue growth over three years. AdColony joins companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
This is the second year in a row AdColony has been named an Inc. 500 finalist. Most recently, AdColony was acquired by Opera in July 2014, bringing the combined reach of AdColony and Opera Mediaworks -- Opera's mobile advertising subsidiary -- to more than 700 million global consumers.
AdColony excels in delivering innovative, crystal-clear video ads instantly in HD across the most popular iOS and Android smartphone and tablet apps in the world. AdColony's proprietary Instant-Play™ video ad technology eliminates latency and long load times for video playback, providing the highest quality video experience for advertisers, publishers and consumers, with interactive elements to drive engagement, action and results.
AdColony's customers include Fortune 500 brands, performance advertisers and more than 70 percent of the world's top grossing app publishers. The company's keen focus on the consumer experience in mobile apps, combined with the massive growth of mobile video consumption worldwide, has made the company a go-to partner for app developers and advertisers. Now, as part of Opera Mediaworks' renowned global organization, AdColony will deliver the highest-quality mobile video advertising experience on smartphones and tablets to a global audience, creating the world's leading mobile video ad platform.
"This year has been extremely exciting in terms of the rapid growth of mobile video advertising worldwide and AdColony joining forces with Opera Mediaworks," says Will Kassoy, AdColony's CEO. "We are thrilled and honored to be recognized yet again on the prestigious Inc. 500 list amongst such innovative companies for the second year in a row."
A few highlights from the Inc. 500 feature include:
- 3,236.5%+ annual growth rate (2010-2013)
- #114 overall in the nation's fastest-growing privately owned companies
- #13 in marketing and advertising
Mobile video advertising is the fastest-growing advertising segment in all of digital advertising. Mobile advertising spend is expected to grow to $41.9 billion by 2017, with mobile video advertising showing the highest growth rate, according to Gartner.
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000' s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. President and Editor-In-Chief Eric Schurenberg. "This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 15 through 17, 2014 in Phoenix. Speakers include some of the greatest entrepreneurs of this and past generations, such as Michael Dell, Martha Stewart, host of the CNBC show "The Profit" Marcus Lemonis, Container Store Founder and CEO Kip Tindell, and Chobani Founder and CEO Hamdi Ulukaya.
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/ .
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
AdColony is a mobile video advertising company whose proprietary Instant-Play™ technology serves razor sharp, full-screen video ads instantly in HD across its extensive network of iOS and Android apps, eliminating the biggest pain points in mobile video advertising: long load times and grainy, choppy video. As a leading mobile video advertising and monetization platform, AdColony works with both Fortune 500 brands and the world's top grossing publishers. The company's reach, targeting and optimization tools and services provide advertisers with a superior way to engage mobile audiences at scale. AdColony's app developer tools and services provide publishing partners with ways to maximize monetization while gaining insight needed to continuously optimize content and advertising offerings. AdColony is a division of Opera Mediaworks has offices in Los Angeles, San Francisco, Seattle, Chicago, Detroit and New York. To learn more about AdColony, visit www.adcolony.com.