AUSTIN, Texas--(BUSINESS WIRE)--Inc. Magazine announced that Q1Media, an advertising technology and media company, was recognized as one of the fastest-growing privately held companies in the United States in 2013. Inc. Magazine selected Q1Media to join its Inc. 5000 list of privately-held high-growth firms. This year's list measures revenue growth from 2009 through 2012. Q1Media revenues grew 221% during this period. In Q1Media’s first year as a member of the Inc. 5000, it is ranked #1748.
“We are very proud to be recognized as one of fastest-growing companies in the U.S.,” stated Phil Banfield, CEO, Q1Media. “It’s proof that our advertising technology is meeting a market need for brand-safe video and mobile advertising inventory.” Q1Media recently introduced Impact Ads - high performing desktop and mobile display ad units for web publishers, to expand its product suite that includes the vSlider and vMobile digital video ad units. Q1Media reaches over 100 million unique monthly visitors through its relationships with over 1500 web publishers.
To qualify for the Inc. 5000, companies must have been founded and generating revenue by March 31, 2009. All companies must be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies - as of December 31, 2012. The minimum revenue required for 2009 was $100,000; the minimum for 2012 was $2 million. Q1Media earned over $12 million in revenue in 2012.
“I appreciate everything our team does to keep our company growing at such a fast pace,” said Bill Wiemann, COO and co-founder of Q1Media. “The online advertising has evolved tremendously since 2009 and it requires real drive and determination to stay in a leadership position.” Wiemann also credited Austin as a being an excellent location for growing a creative, technology-based company.
Q1Media was founded in Austin, Texas in 2004. In April of 2013, The Best Companies Group and the Texas Association of Businesses named Q1Media as one of Texas’ Best Places to Work.
For more information, go to www.q1media.com/contact.html
Q1Media, Inc. is an advertising technology and media company formed by the 2013 merger of Q1Media, a market leader in delivering online display advertising with a reach of over 150 million monthly unique visitors, and AdExcite, a provider of innovative video advertising platforms. In April 2013, comScore’s Video Metrix reported that the Q1Media-AdExcite Video Platform ranked #4 based on monthly unique viewers among all major video advertising networks. April’s comScore report also placed Q1Media as ranking #1 among comScore’s large-scale INDEX networks for females and males ages 18-34 and households with incomes of $75,000 or more and $100,000 or more. Q1Media, Inc. serves ad agencies, agency trading desks, major brands and web publishers, delivering efficiency and value to the programmatic buying and selling of display, video and mobile device advertising. For sales inquiries, visit www.q1media.com or www.adexcite.com.
Contact Griffin Davis, VP, Public Relations, Q1Media, 512.619.8778 for media requests.