NEW YORK, Aug. 24 /PRNewswire/ -- TRAFFIQ®, the digital media platform that brings together advertisers and publishers, announced that it has ranked #50 on Inc. magazine's coveted annual list of the fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America's entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Jamba Juice, American Apparel, Oracle, and hundreds of other powerhouses gained early exposure as members of the Inc. 500.
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TRAFFIQ CEO Nick Pahade commented, "We are thrilled to have been named by Inc. as one of the nation's fastest growing entrepreneurial companies. Inc. represents the authority on entrepreneurship, and we are honored to have been included on this prestigious ranking. TRAFFIQ continues to simplify and innovate the digital media buying and planning process, none of which could be accomplished without a fantastic team and supportive clients who are the ultimate drivers of our success."
TRAFFIQ provides digital media buyers and sellers with a single platform that consolidates planning, RFP distribution, order execution, optimization and billing. By enabling ad buyers to post RFPs and publishers to respond directly, TRAFFIQ returns control of the media buying process to the agency/advertiser. This level of visibility and access to real-time performance data makes it easier for them to adjust campaigns on the fly to better meet clients' goals. As an end-to-end solution, TRAFFIQ increases an agency's buying power and a publisher's selling strength.
TRAFFIQ has enjoyed significant buyer usage, publisher adoption and revenue growth over the past year, including a 297% increase in revenue for the first quarter of 2010 as compared to the same period a year earlier. In addition, TRAFFIQ has begun expanding into new markets with its recently announced TRAFFIQ Latino platform that targets the exploding Spanish-speaking market. The company recently named industry veteran Nick Pahade as CEO and secured additional venture funding. TRAFFIQ was named a Red Herring Top 100 award winner this year as well.
"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."
TRAFFIQ was also named #6 in Advertising, #5 in New York City and #5 among Top Indian-Led Companies. For more about the Inc. 500 rankings, visit http://www.inc.com/inc5000/profile/traffiq.
About TRAFFIQ
TRAFFIQ (www.traffiq.com) is an end-to-end digital media planning, buying and management platform. It facilitates the buying and selling of display media with ease and efficiency, yielding maximum return on investment. Marketplace members include the leading advertisers, ad agencies and publishers. TRAFFIQ is a member of the IAB advisory board, helping educate interactive advertisers and publishers on best practices for industry growth. TRAFFIQ is headquartered in New York City, with offices in Vienna, VA. For more information, contact us at info@traffiq.com.