Leading Video Advertising Platform Recognized for Fast Growth and Technological Innovation
DENVER – May 22, 2014 – SpotX, the trusted platform for video advertising, announced today that it has been selected as a Red Herring Top 100 North America winner for 2014. The award recognizes the leading private companies from North America and celebrates their innovations and technologies across their respective industries.
“We’re extremely honored to be part of the elite list of 2014 Red Herring North America award winners,” said Mike Shehan, CEO of SpotX. “Since 2007, SpotX has set the standard for innovation in video advertising, helping premium publishers earn more revenue with its trusted video platform and services. It’s great to be recognized for our fast growth and we look forward to the company’s continued expansion of market share both here in the U.S. and across the globe.”
Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.
“In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe SpotX embodies the vision, drive and innovation that define a successful entrepreneurial venture. SpotX should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
SpotX is the trusted video advertising platform for premium publishers, connecting them with advertisers, agencies, trading desks, DSPs and ad networks to ensure they achieve maximum revenue for their inventory. SpotX shows premium publishers and more than 1,000 world class advertisers that there is a better way to buy and sell digital video – with trusted solutions that guarantee total transparency, brand safety and real-time control in an open market or directly executed through the SpotX platform. Headquartered north of Denver, SpotX has offices in New York, London, and Sydney and is ranked 6th on comScore for video ads served, reaching over 335 million unique visitors in more than 100 countries each month. For more information, please visit www.spotxchange.com and follow SpotX on Twitter @SpotX.