Between 2016 and 2018, the 250 private companies on this list had an average growth rate of 422 percent, with aX growing 441%.
LOS ANGELES (PRWEB) February 25, 2020
AUDIENCEX, the largest independent trading desk built for performance marketers and agencies, was named the 40th fastest growing private company in California by Inc. magazine. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within California’s most dynamic segment—its independent small businesses.
AUDIENCEX is the largest independent trading desk, working to streamline the complex world of digital marketing for marketers and agencies around the world. While AUDIENCEX achieved a growth rate of 441% in the last two years, the companies on this list show stunning rates of growth across all industries in California. Between 2016 and 2018, these 250 private companies had an average growth rate of 422 percent and, in 2018 alone, they employed more than 49,000 people and added $5.6 billion to the California economy. Companies based in the largest metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.
The AUDIENCEX trading desk, tdX, is powered by a proprietary algorithmic technology which assesses 12 leading DSPs based on millions of data points to identify the best-performing platform for each campaign. Combining this powerful technology with exceptional customer service and strategic expertise across programmatic, native, search, social, and creative means advertisers and agencies can unify their digital marketing efforts to find and convert customers and increase revenue.
“The companies on this list demonstrate just how much the small-business sector impacts California’s economy,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”
Complete results of the Inc. 5000 Series: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at http://www.inc.com/inc5000-series-california-2020.
Inc. 5000 Regional Series Methodology
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
AUDIENCEX is the leading digital advertising partner for brands and agencies offering strategic, unbiased, omnichannel performance marketing solutions. We create value for our clients through a combination of innovative technology, targeted media buying, data-driven analysis, and high-impact creative to drive performance with your ideal customers throughout the purchase funnel. It’s marketing to the power of X. aX is headquartered in Los Angeles and operates in offices throughout North America, including New York, Denver, Dallas and Montreal. For more information, visit http://www.audiencex.com.