Deloitte Ranks Motive Interactive Among North America's Fastest-Growing Technology Firms
Motive Interactive Inc., a leading invite-only, performance-based advertising network, was recently recognized as one of the fastest-growing technology companies in North America by Deloitte. The San Diego, Calif. firm ranked No. 342 on Deloitte's Technology Fast 500™ list due to its outstanding revenue growth.
SAN DIEGO, Oct. 26 /PRNewswire/ -- Exclusive invitation-only performance ad network Motive Interactive Inc. has ranked No. 342 on Deloitte's 2010 Technology Fast 500™. The Technology Fast 500™ is Deloitte's ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Rankings for Deloitte's 2010 Technology Fast 500™ are based on percentage of fiscal year revenue growth from 2005 to 2009. During this four-year period, Motive Interactive grew by 264 percent, increasing from $4.7 million in revenue in 2005 to $17.3 million in revenue in 2009. The company is looking forward to continued growth throughout 2010, with revenue expected to top $20 million for the year.
Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009. Their average growth was 2,361.
Motive Interactive Founder and CEO, Brendan J. Smith, attributes his company's growth to its ability to create effective processes and leverage its in-house proprietary technology to benefit affiliate advertisers and publishers. "This Technology Fast 500™ award is a tribute to our hard work, innovation and commitment to provide premier affiliate advertising services," Smith said. "We are truly honored to receive this distinguished award."
"Motive Interactive and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends Motive Interactive for this impressive accomplishment."
The Technology Fast 500™ complements a number of awards Motive Interactive has earned for its outstanding pattern of growth. Earlier this year, the company made the Inc. 500/5000 list for its remarkable growth from 2006 through 2009 and was named to the San Diego Business Journal's Fast 100 List. In addition, Smith received San Diego Metropolitan magazine's 2010 "40 Under 40" award, which recognizes 40 of the brightest young professionals, executives, entrepreneurs, and civic leaders in San Diego County who are under 40 years old for their career triumphs and community contributions.
Other performance-based awards garnered by Motive Interactive include:
- mThink's Blue Book Top 20 Performance Marketing Networks and Exchanges
- 2010 Hot Companies by Network Products Guide
- International Emerging Media Award 2009 (EMA Summit)
- 8th Annual 2010 Stevie® American Business Awards (finalist for the Fastest Growing Company of the Year category)
To learn more about Motive Interactive, please visit www.MotiveInteractive.com or contact Brendan Smith directly at (858) 677-0792, Ext. 115.
Note: As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
About Motive Interactive Inc.
Motive Interactive provides lead generation for Internet advertisers through an exclusive invite-only network of Internet marketers. The performance-based advertising network further differentiates itself by employing in- house proprietary technology, instead of third party software. Motive Interactive's flagship performance advertising platform, Advent™, is designed to maximize a publisher's revenue and increase advertiser's ROI. Founded by Brendan Smith in 2003, the company offers a distinct array of solutions that include media buying, display advertising, paid search, social media and e-mail marketing, as well as consulting services. Smith has been recognized as one of the top entrepreneurs in California, Nevada and New York. Based in San Diego, Calif., Motive Interactive is a privately-held firm that serves clients worldwide.
SOURCE Motive Interactive Inc.
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