Render Media Reports 3,238% Growth, Ranks No. 33 on Deloitte's 2016 Technology Fast 500™
LOS ANGELES, Nov. 17, 2016 /PRNewswire/ -- Render Media announced today it ranked No. 33 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. At No. 33, Render Media is the second fastest growing company in Los Angeles and No. 5 in the digital media/content/entertainment category.
Render Media CEO Vic Belonogoff credits the company's focus on creating innovative content and strengthening online properties Opposing Views and Cooking Panda with the company's 3,238 percent revenue growth. He said: "For the last few years, we have primarily focused on social and creating engaging content that audiences don't just scroll past on their feeds; we want to connect with the people who interact with our content. Our content is data-driven, but we also have a finger to the pulse of what people are connecting to on a more personal, emotional level. The strength of this combination is one of the things that makes Render Media so unique."
Even with the company's placement in the top 5 of the digital media category on the Fast 500 list, Belonogoff believes there is huge potential for growth in the industry: "There is a massive opportunity to keep growing in the digital media space. People are spending more time consuming social and digital content as time goes on, so we will evolve with the ever-changing trends in this space. Our social audience is rapidly increasing, and growth in this area shows no signs of slowing. Render properties have gone from 1.5 million fans in the beginning of 2015 to 25 million today, and we are growing at a rate of 700,000 new fans per month."
About Render Media
Render Media is a digital publisher built for the social age. Agile and data-driven, Render produces socially engaging content for emerging brands such as Cooking Panda, and Opposing Views.
About Deloitte's 2016 Technology Fast 500™
Deloitte's Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.
SOURCE Render Media
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