500% growth over three years secures success for Somo in Media Momentum’s Top 50
London, 28 May 2012: Somo (www.somoglobal.com) has been named as the fastest growing mobile company in Europe and third fastest growing digital company overall in the 2012 Media Momentum Awards, after increasing its revenues by 508% over the last three years.
The awards, organised by leading investment bankers GP Bullhound, recognise the most innovative and fastest growing companies in the European digital economy. Founded in 2009, Somo provides mobile strategy, web and app development, advertising services and mobile technology solutions to clients including Audi, Paddy Power, Domino’s and News International.
Speaking about the awards, Manish Madhvani, Managing Partner at GP Bullhound, said “Every year the Media Momentum Top 50 companies demonstrate the continuing health and vitality of the digital industry, despite continuing global economic pressures. I would like to congratulate them all, as they’re playing a key role in driving innovation, jobs and growth within their sectors and they should be very proud of their achievements.”
Nick Hynes, CEO of Somo, said: “We have achieved astonishing revenue growth over the last three years, knocking our competition out of the water. The award recognises the many additions we’ve made to our global team, our fantastic client base and our expansion of operations into new territories across the US and APAC. Mobile is now taken seriously by global media players and huge brands too. We’re proud that this award has recognised our successes at the cutting-edge of digital marketing and mobile technology solutions.”
Published on: 2:15PM on 28th May 2012