REDMOND, Wash., Nov. 13, 2015 /PRNewswire/ -- MediaAlpha, an advertising technology company that develops programmatic advertising platforms for vertical search media, today announced that it ranked 13th on the Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. MediaAlpha, who developed the first and only transparent, real-time platform for the buying and selling of performance media, grew 5,057% over a three-year period.
The company was also the highest ranked Washington State winner.
"We continue to innovate and develop new product solutions that empower our advertiser and publisher partners to improve the way they buy and sell vertical search media," said Steve Yi, Co-Founder and CEO of MediaAlpha. "Our revenue growth has been driven by the rapid acceptance of the MediaAlpha exchange technology platform as the most sophisticated and robust in the performance marketing industry. We are honored to be recognized for this award, which is a great testament to the hard work of our team and our ability to continually develop innovative products for our partners."
"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016.
"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole."
About Deloitte's 2015 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
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 four years and be headquartered within North America.
MediaAlpha is an advertising technology company that develops programmatic advertising platforms that bring transparency and efficiency to the buying and selling of performance media. The company's exchange technology powers transparent, real-time private and open exchanges for insurance and other vertical-specific performance media. The company is headquartered in Redmond, WA and has offices in Los Angeles, CA and Tampa, FL. For more information on MediaAlpha, please visit www.mediaalpha.com.
Media Contact: Corinne Forti, MediaAlpha Inc., [email protected], 805 3688665