REDWOOD CITY, Calif., Nov. 13, 2014 /PRNewswire/ -- PubMatic, the programmatic advertising platform company for leading publishers, today announced it ranked 31 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. PubMatic's revenue grew 5,816 percent from 2009 to 2013, or a 177 percent compound average growth rate (CAGR). The company was the fourth-highest ranking firm in the Internet space on this year's list.
Co-Founder and Chief Executive Officer Rajeev Goel credits PubMatic's growth to the company's commitment to developing innovative solutions that enable publishers to realize the full potential of their digital assets.
"We are consistently focused on being first to market with game changing technologies that put publishers' needs first," said Goel. "This year alone we have introduced a video solution, the first location aware mobile private marketplace, as well as the first real-time and natural language driven analytics platform. We know that it is our unwavering commitment to developing cutting-edge technology solutions for the publisher community that will continue to propel our growth in 2015 and beyond."
PubMatic previously ranked as a Technology Fast 500™ award winner in 2012 and 2013. This year's inclusion comes during a period of continued growth in both the company's product portfolio as well as its geographic reach. During the year, PubMatic released mobile, video, and analytics offerings, and opened offices and partnerships in Brazil, India, and Japan. PubMatic remains focused on a range of growth opportunities.
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
About Deloitte's 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
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.
PubMatic is the technology platform that powers the programmatic advertising strategy of leading publishers and premium brands. Its innovative solutions help content providers drive the highest value for their digital media assets and provide consumers with a more personalized advertising experience across display, mobile and video. PubMatic's One Platform, proprietary technology, and advanced mobile capabilities are utilized by a global roster of comScore publishers. Pioneering online auctions for the buying and selling of media through Real-Time Bidding (RTB) and Private Marketplace (PMP), the company also works with hundreds of advertising partners. Ranked by Deloitte as one of the fastest growing companies in the US Internet sector in 2012, 2013 and 2014, PubMatic has offices worldwide with headquarters in Redwood City, California.
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