RESTON, Va. – LucidMedia (www.lucidmedia.com), the online display advertising network and media management platform, announced that it has been selected as a winner of the Red Herring 100 North America Award. The Red Herring editorial team deploys a detailed process to whittle down a pool of 1,000 eligible, promising companies to the 200 Finalists and in a last round decided for the top 100 winners of this important North American award. Evaluations are made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration.
“Being recognized as a Red Herring 100 winner is a great achievement for LucidMedia and highlights our successful track record and rapid growth in the online advertising sector,” said Ajay Sravanapudi, President and CEO of LucidMedia. “For LucidMedia to be singled out for our uniquely transparent and brand safe solution, especially considering the very active and competitive nature of interactive advertising, is truly humbling. On behalf of our board and the entire LucidMedia team I would like to thank Red Herring for this honor.”
LucidMedia (www.lucidmedia.com) is an online display advertising network and media management platform focused on optimizing performance at the page-level for interactive agencies and agency digital initiatives. The company’s patented ClickSense® contextual advertising and targeting engine empowers advertisers to reach new levels of insight, safety, and cost-efficiency in their online advertising campaigns. LucidMedia categorizes traffic from many of the Web’s most respected networks and exchanges in both English and Spanish, providing advertisers with a way to more effectively target online advertising inventory and increase their return-on-spend. Today, many of the world’s largest interactive agencies, online advertisers, and ad networks are leveraging LucidMedia’s network and technology platform to drive increased revenue.
About Red Herring
Red Herring is a global media company, which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available online at www.redherring.com.