For the second year in a row, WordStream is listed on the Inc. 5000 list of the fastest growing companies in America. We're incredibly proud of this honor, which speaks to the importance of successful, measurable PPC advertising for businesses across the country. This year, WordStream ranked #673 on Inc.'s annual list of the 5000 fastest-growing, privately held U.S. companies. And, as noted by BostInno, we're the 6th fastest-growing company in Massachusetts.
Paid search is the advertising channel of choice for an increasing number of businesses, with advertisers spending 25% more on PPC this year over last. Our core purpose of bringing the power of search marketing to businesses of all sizes – with free grading tools for AdWords accounts and landing pages and now our free learning resource PPC University – has resulted in massive growth for our company. For that, we are sincerely thankful to you, our readers and customers.
So what's next?
Our CEO, Ralph Folz, shared our vision for the future in July, when we secured an additional $12 million in new funding led by Baird Capital of Chicago. As he said, innovation and the creation of free tools to help businesses of all sizes see a better return on their investment in PPC ads are our major areas of focus.
Our free AdWords Grader is now analyzing over a billion dollars in ad spend every single month. We're committed to using the insights gleaned from this massive amount of data to help marketers from the smallest mom & pop shops to Fortune 100 corporations maximize their AdWords investment.
These insights also drive our free educational resources, like this blog and PPC U. It's important to us that you have easy access to the most current, accurate paid search intelligence, so you can spend your advertising budget wisely.
In the past two years, our client list at WordStream has quadrupled in size and it's multiplied by ten times in three years. We have a fantastic, innovative team of PPC professionals that has grown to over 100 staff members. In fact, we're planning to move into additional office space at our 177 Huntington Avenue headquarters in Boston, to accommodate our growth!
One of our company meetings; getting crowded in here
There are great things ahead for WordStream – and for the paid search industry in general. We'll continue to keep you up to date on the new AdWords features, product updates and tools that can help you build your business, too.
Thank you for a great year in PPC!