BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Hydra, the largest performance-based online advertising network specializing exclusively in cost-per-acquisition (CPA), today announced the company has earned a position for the second consecutive year on the prestigious Inc. 500 list of the fastest-growing private companies in the U.S.
Posting three-year revenue growth of 1,189.1% (after 6,030.8% during 2006) and 50% employment growth in 12 months, Hydra has again proven the importance of the results-based online advertising model. The company also ranks 15th in the Los Angeles metropolitan area and 18th overall in the Advertising and Marketing category.
“Being selected as an Inc. 500 company for two years running is a great honor,” said Adam Wicks Walker, Chief Strategy Officer of Hydra. “This has been another year of tremendous growth – from clients to staff to revenue – and we are looking forward to bringing our value proposition to many new advertisers and publishers over the next year, as more and more of them discover the benefits of our results-based advertising platform.”
Hydra signed an assortment of big-brand advertisers such as AARP and Citibank in 2008. Hydra’s rapid growth is due in part to the introduction of Hydra Elite, the first-ever CPA program with 100% transparency across all major online channels. Over the past year Hydra has formed numerous strategic partnerships to enhance its product offerings.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growing companies in the nation – the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
“This year has validated our results-based model,” said Zac Brandenberg, CEO of Hydra. “We’re excited for another strong year as we continue to grow our platform and help our advertisers create and convert the highest-quality campaigns on the Web.”
For more information about Hydra, please visit www.hydranetwork.com.
Hydra is the fastest growing online advertising network where advertisers pay only for new customers or any other specific campaign result. The company generates millions of customers or customer leads for advertisers every month, and helps publishers monetize ad inventory through its performance-based ad publishing platform. Learn more at www.hydranetwork.com.