Kargo grows 5,500% over 5 years

Mobile brand advertising provider Kargo has achieved a milestone USD 100 million in annual 2015 revenue, an increase of 100 percent over the last year and more than 5,500 percent over the last five years, the company said.

This is also Kargo´s fifth consecutive year of profitability, reflecting the exponential growth of mobile advertising.

Kargo provides major advertisers with a single source solution for buying, designing and delivering high-end mobile ad experiences across the world´s top publishers.

Founded in 2003, Kargo employs more than 175 people across New York, Chicago, Dallas, San Francisco and Los Angeles with international expansion planned for 2016.