Inc. Magazine Ranks LifeStreet Media as One of America's Fastest Growing Private Companies
Largest Social Media Ad Network Earns Spot on Annual Inc. 500 List
Inc. Magazine has recognized LifeStreet Media, the largest social media ad network and one of the world's largest distributors of Facebook applications, as one of America's 500 fastest-growing private companies. First introduced in 1982, the Inc. Magazine 500 list is a distinguished editorial award and a celebration of entrepreneurial innovation. Companies such as Microsoft, Zappos, Oracle and many other well-known brands gained early recognition as members of the Inc. 500.
"We're honored to be recognized by Inc. Magazine as one of America's fastest growing private companies," said LifeStreet Media founder Mitchell Weisman. "Now, with LifeStreet Mobile, we are unleashing our technology in the mobile app industry — bringing much higher CPMs to the world's Mobile App Developers, just as we've done for Facebook App Developers. Our advertisers can expect even better results — and the world's Mobile App Developers can expect to earn much more money from their ad inventory, while enjoying best-in-market tools and customer service."
"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."
The Inc. 500/5000 is a comprehensive look at American entrepreneurs. Companies are ranked according to the percentage growth of their annual revenue within a three-year period. To be considered, companies must be U.S.-based and privately held, for profit, independent — not subsidiaries or divisions of other companies — and have generated at least $80,000 in revenue in 2006 and $2 million in 2009. Complete results of the Inc. 500/5000 — including company profiles and a list that can be sorted by industry, revenue, region and other variables — can be found at www.inc.com/500.
LifeStreet Media has become the largest social media ad network, serving billions of impressions each month into 8,000+ applications and sites to a global audience of over 100 million. LifeStreet Media has also become one of the world's largest distributors of Facebook Applications, having driven tens of millions of Facebook app installs. Well over half of the world's 50 largest Facebook app publishers advertise with LifeStreet Media or use LifeStreet Media as their ad network.