"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. SponsorPay shows great promise and therefore deserves to be among the winners.”
The Red Herring editorial team evaluated the most innovative companies from a pool of hundreds from across Europe. Winners of the Red Herring 100 Europe award were chosen based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. SponsorPay joined companies such as Skrill/Moneybookers and Wonga among this year’s awardees. Previous Red Herring 100 winners include Google, Yahoo!, Skype, Netscape, Salesforce and YouTube.
Earlier this month, SponsorPay was also selected among the “Ones to Watch” at the exclusive Media Momentum Summit organized by investment bank GP Bullhound for the hottest digital media companies in Europe. While too young to participate in the Top 50 category, the company stood out from its peers because of its impressive growth since inception in 2009.
“Our platform enables online advertisers and providers of digital goods to overcome their biggest hurdles in an exciting but challenging market. This recognition is testament to the value of our services”, said Andreas Bodczek, CEO at SponsorPay. “The entire credit goes to our incredible team that’s continuously striving to deliver the best results to our partners.”
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SponsorPay works with thousands of partners including leading publishers Disney (Playdom), Ubisoft, Bigpoint, 6waves, Perfect World and IMVU on platforms such as Facebook, MySpace, Netlog and VZnet, as well as renowned advertisers such as Procter & Gamble, AT&T, Skype, Match.com, Adobe, Kaspersky and DirecTV. The company’s commitment to a localized, high-quality user experience has enabled it to expand its reach to over 120 million engaged users across more than 100 countries.
SponsorPay is headquartered in Berlin with offices in San Francisco, Paris and London.