Redwood City, CA (Nov. 16, 2016) — PubMatic, the automation solutions company for an open digital media industry, today announced it is number 316 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Inclusion on the 2016 list marks the fifth consecutive year that PubMatic has ranked among the 500 fastest growing companies in these sectors.
PubMatic has achieved 236 percent revenue growth since 2012, which can be attributed to the continued surge in consumers’ mobile consumption as well as the growing adoption of ad decisioning tools such as header bidding and wrapper solutions.
PubMatic is dedicated to evolving with the changes in the marketplace and developing the tools publishers and advertisers need to propel their mobile businesses forward. In fact, in its recently released Q3 2016 Quarterly Mobile Index (QMI) the company found significant eCPM benefits for publishers who leverage advanced mobile monetization strategies such as private marketplaces and header bidding.
“We’re thrilled to be included on the 2016 Technology Fast 500™ for the fifth consecutive year,” said Rajeev Goel, Co-Founder and CEO of PubMatic. “We pride ourselves on developing solutions to help our customers stay ahead of technological changes to navigate new channels, increase efficiencies and boost revenue growth, and doing so has been key to our continued growth and success over the years. Combined with our profitability and positive cash flow, we are strongly positioned to continue delivering innovative solutions to our customers into the future.”
Featuring the leading omni-channel revenue management platform for publishers and enterprise-grade programmatic tools for media buyers, PubMatic’s publisher-first approach enables advertisers to access premium inventory at scale. PubMatic’s global infrastructure, which processes nearly one trillion ad impressions per month, activates meaningful connections between consumers, content and brands.
Strong performance is also reflective of PubMatic’s ability to quickly address the industry’s key opportunities—such as mobile, video, header bidding and fraud—while remaining at the forefront of innovation. This announcement follows the recent release of the company’s comprehensive revenue management platform, SEVEN, and comes at a time of rapid growth for PubMatic, which recently reported that it is cash flow positive following its third year of profitability on an adjusted EBITDA basis in 2015.
About Deloitte’s 2016 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 2012 to 2015.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
PubMatic is the automation solutions company for an open digital media industry. Featuring the leading omni-channel revenue automation platform for publishers and enterprise-grade programmatic tools for media buyers, PubMatic’s publisher-first approach enables advertisers to access premium inventory at scale. Processing nearly one trillion ad impressions per month, PubMatic has created a global infrastructure to activate meaningful connections between consumers, content and brands. Since 2006, PubMatic’s focus on data and technology innovation has fueled the growth of the programmatic industry as a whole. Headquartered in Redwood City, California, PubMatic operates 11 offices and six data centers worldwide.
PubMatic is a registered trademark of PubMatic, Inc. Other trademarks are the property of their respective owners.
Paige F. MacGregor
Director, Corporate Communications