RALEIGH, N.C.--(BUSINESS WIRE)--MaxPoint, the company that helps manufacturers and retailers generate in-store sales with its innovative Digital Zip® technology, today announced it has ranked fortieth on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. MaxPoint’s revenue growth was 4,055 percent from 2009 to 2013.
“At MaxPoint, we attribute our recognition by Deloitte for the second year in a row to the work we are doing to help solve the most pressing challenges faced by brands and retailers,” said Joe Epperson, CEO of MaxPoint. “We are rewriting how advertisers think about their marketing, building new technologies that let them, for the very first time, directly connect demand to store-level opportunities.”
The rich information stores provide about how consumers are behaving – from what they are and are not buying, to which promotions resonate loudest in which neighborhoods – has long been untapped by brands and retailers. Working with marketers to connect strategy with store-level insights, MaxPoint’s Digital Zip® technology empowers brands to capitalize on real opportunities and boost overall ROI for new product launches, promotions and seasonal offerings.
MaxPoint previously ranked 9th as a Technology Fast 500™ award winner for 2013. Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500™, conducted by Deloitte LLP, provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500™ award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
To be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
About MaxPoint
MaxPoint takes the precision of hyperlocal digital advertising and applies it to local, regional, and national campaigns to drive in-store sales. The company’s proprietary Digital Zip® technology uses the latest in real-time data to pinpoint and reach the consumers most likely to buy products. Trusted by the top 20 leading global marketers, MaxPoint’s precise and efficient technology brings smarter digital advertising and higher sales to brands, retailers, and agencies across the globe. For more information, visit www.maxpoint.com, follow MaxPoint on Twitter @maxpoint_int, and subscribe to the OnPoint Blog.
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