myThings named fastest growing Tech company in Israel
Display advertising company wins 2012 Deloitte Israel Technology Fast 50 Award with over 7,800% growth in five years
myThings, a global leader in performance display ad solutions, is thrilled to announce that it has won first prize at the 2012 Deloitte Israel Technology Fast 50 award.
With a staggering revenue growth of 7,830% in five years, myThings has further strengthened its position as one of the largest, most-established display players in the European market. A global leader in performance-driven, CPA retargeting, it is generating well over half a million conversions for its customers every month.
myThings' growth, by the numbers:
- As of 2012, myThings operates in 15 markets worldwide, including new markets such as Brazil, Turkey, Poland, the Nordics, Austria and Switzerland; the company has also focused on expanding US operations
- Number of customers increased 3X in 2012 with 97% customer retention rate
- Team growth: 120% in just over a year
- Recently named, for the second straight year, among top 5 fastest growing digital media companies in Europe in the 2012 Media Momentum Awards
The winner among the 50 fastest growing technology companies in Israel, myThings now qualifies for a chance to compete at Deloitte’s Fast 500 EMEA. The award ceremony will be held next month in London, where the fastest growing technology companies in Europe, the Middle East and Africa will be declared.
“myThings is proud to have been named the fastest growing technology company in Israel by Deloitte’s Fast 50. Powered by the best machine-learning algorithms in the market, we are making a mark in today's global display ad space and will continue to drive technological innovation for our customers,” said Benny Arbel, CEO of myThings.
The Fast 50 program honors business growth, technological innovation and Israeli entrepreneurial spirit. To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2007-2011), calculated the revenue growth percentage over five years, and compared the growth of technology companies.
"Achieving sustained revenue growth of 7,000% over five years is a tremendous accomplishment for a technology company operating in a competitive world,” said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. myThings deserves a lot of credit for its remarkable growth, and we commend them for it."
Founded in 2005, myThings is the global leader in conversion-driven personalized display advertising solutions, growing sales at scale for top online retailers. Its service propels acquisition through retargeting, pre-targeting and look-alike targeting, generating over 150% uplift compared to the retargeting industry standard.
myThings personalizes over three billion banner impressions a month and operates in 15 markets including the US, UK, France, Germany, Spain, Italy, Benelux, Nordics, Russia, Poland, Turkey, India and Japan. Among its clients are top tier online retailers such as McCafee, Adidas, SDG group (Littlewoods, Very), Zalando, Orange, ToysRUs, Vodafone, Telecom Italia, Carphone Warehouse and Microsoft Store. For more information, visit www.mythings.com.