// Sponge celebrates fourth year ranked in Media Momentum’s Top 50 fastest growing new media companies
25.03.08
Mobile marketing solutions company Sponge is celebrating its fourth year ranked in Media Momentum’s Top 50 fastest growing UK new media companies league table.
Sponge, which creates mobile marketing campaigns for leading brands including Coca-Cola, publishing giant Northern & Shell, Unilever and Walkers, ranked number 39 in this year’s list.
Media Momentum is an annual event which recognises the achievements of the most innovative and fastest growing digital media companies. It’s run by technology investment bank GP Bullhound, and supported by media partners New Media Age and Mobile Entertainment. Sponsors include Sky Digital Media.
The ceremony was held on 12 March at Sketch in central London.
2008’s Top 50 companies have collectively grown their revenue base from £185m to £587m in two years.
Alex Meisl, Chairman and co-founder of Sponge, commented that the league table confirmed the continued rapid growth of the mobile sector.
“It’s encouraging that seven mobile companies feature in this year’s Top 50, and shows that the repeated clarion calls announcing that this is the year of the mobile are indeed true,” he said. “Certainly we are seeing more activity from our client-base than ever before.”
