BARCELONA — Inc. Magazine has ranked online ad network ExoClick at No. 812 in the 2016 Inc. 5000 list of fastest growing private companies in Europe over the past three years.
Benjamin Fonzé, ExoClick's founder and CEO, said, “I am extremely proud that ExoClick has been included in the top 1000 European privately owned companies. When I founded ExoClick back in 2006, the ad network industry was very small and was just starting to open up. Through hard work, the right strategic business decisions and building a great team, we have now grown into the fourth largest ad network in the world. We kicked off 2016 by doubling our office space in Barcelona's iconic Torre Mapfre, and we are continuing to expand our team, attracting a highly skilled and talented international workforce.”
The Inc. 5000 Europe list, ExoClick said, “represents the only comprehensive look at what may be the most dynamic segment of the world’s economy: fast-growing private companies.”
Fonzé said, “Our business objective has always been to obtain the maximum ROI for our clients via our proprietary ad network platform. We help publishers build up their quality traffic sources and increase the monetization of their ad spots with our innovative ad formats, and we help advertisers target the right audience for their offers and provide them with industry-leading analytical tracking tools to drive their conversions.”
The 2016 Inc. 5000 Europe list, unveiled this week on Inc.’s website, includes infographics and an interactive database that can be sorted by industry, region, etc. It serves as a unique report card on the European economy.
ExoClick said that despite the sluggish economic climate in the European Union, aggregate revenue among the companies on the list actually increased to €110 billion, up from €40 billion in 2011, with an average three-year growth rate of 226 percent. The list, ExoClick said, “features an amazing group of thriving businesses growing at breakneck speed over the past three years.”
The full Inc. 5000 Europe list can be found on Inc. Magazine's website.
This year’s list, ExoClick said, “also offers a rare insight into which industries fared the best during a difficult stretch for Europe’s economy.”
With average growth rates of over 227 percent, security and telecommunications ranked as the fastest-growing industries, followed by education at 220 percent. Manufacturing is the top industry by total revenue, €15.4 billion, and advertising and marketing companies claimed 4 of the top ten spots.
Eric Schurenberg, president and editor-in-chief of Inc. Magazine, said, “In Europe as in the U.S., entrepreneurs are the wellspring of innovation, daring and growth. We are proud to recognize the Inc. 5000 Europe for their ingenuity, creativity, and tenacity — qualities that have always united entrepreneurs around the world.”