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Adap.tv Named One of the World's 250 Hottest New Technology Companies
Jul 21, 2008 (10:07 AM EDT)
SAN MATEO, Calif., July 21 /PRNewswire/ -- Adap.tv ( http://www.adap.tv/ ), creators of OneSource, the first platform to help publishers fully monetize their online video content, today announced that it has been selected by Silicon Valley venture organization AlwaysOn (AO) as one of the top 250 private technology companies in the world. In addition to being named a Global Top 250 Winner for 2008, the 18-month old company was named to the OnMedia 100 and OnHollywood 100 lists, making Adap.tv the youngest and one of only nine companies to win all three awards in 2008.
Inclusion in the AO Global 250 indicates major accomplishments by emerging technology companies in creating new business opportunities in global technology industries. The AlwaysOn editorial team, in conjunction with KPMG's emerging business practice, KPMG VC Practice, surveyed over 500 venture investors, investment bankers, and technology insiders, who nominated hundreds of companies to determine the AO Global 250 winners.
Adap.tv OneSource empowers publishers to make the most of their online video inventory by providing them the ability to add, configure and optimize video advertising across all ad sources and all formats. Using Adap.tv's innovative technology and simple interface, leading publishers are maximizing revenue while increasing the overall user experience of online video.
Adap.tv, along with the rest of the Global 250 select, will be honored at the The AlwaysOn & STVP Summit at , July 22-24 at the Arrillaga Alumni Center at . All winners are also featured in AO's quarterly print "blogozine" and on the AlwaysOn website.
"The Global 250 winners have proven themselves to be leaders in pursuing strategic new business opportunities in the global technology industries," said Tony Perkins, founder and CEO of AlwaysOn. "We congratulate them for demonstrating significant market traction and pursuing game-changing technology in the following sectors: Consumer and Entertainment, Devices and Components, Enterprise, Greentech, Mobile and Wireless, Network and Infrastructure, and Services and Enablers"
"We are honored to have been chosen for the highly coveted AlwaysOn 250 award as a global innovator and leader in the growing online video advertising space," said Amir Ashkenazi, founder and CEO of Adap.tv. "Today's recognition is a testament to our innovative technology and unwavering commitment to help publishers maximize video revenue, while protecting user experience and quality."
About Summit at 2008
The AlwaysOn & STVP Summit at is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends disrupting the global technology industries. The AlwaysOn & STVP Summit at features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The AlwaysOn & STVP Summit at goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
Adap.tv ( http://www.adap.tv/ ) is the creator of OneSource, the first platform to help publishers fully monetize their online video content. Based in San Mateo, CA, the company is privately held and is backed by Redpoint Ventures and the Gemini Israeli Fund.
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
CONTACT: Evan Goldberg of Horn Group, +1-646-202-9768, email@example.com, for Adap.tv
Web site: http://adap.tv/