DENVER - In what continues to be a banner year for digital video advertising company SpotXchange, CEO Mike Shehan and COO and CFO Steve Swoboda were recently honored as Ernst & Young Entrepreneur of the Year winners at the 27th annual awards gala in the Mountain Desert region. After earning the evening’s highest distinction in the Technology Services category, co-founders Shehan and Swoboda move on to the national competition, which comprises 25 U.S. regions.
“Colorado has become a hotbed for technology innovation and we look forward to continuing to grow SpotXchange here while nurturing the local economy and the digital video advertising industry at large.”
The Entrepreneur Of The Year Award recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Under Shehan and Swoboda’s leadership, SpotXchange has become the largest global marketplace of video ad inventory reaching 120 million unique visitors in more than 50 countries each month. The company’s platform for programmatic buying and selling of digital video connects thousands of publishers with advertisers and agencies in an industry projected to hit $4.6 billion in 2014, according to Forrester Consulting.
“It’s such an incredible honor to be recognized by Ernst & Young and the entrepreneur community in the Mountain Desert region,” said Shehan and Swoboda. “Colorado has become a hotbed for technology innovation and we look forward to continuing to grow SpotXchange here while nurturing the local economy and the digital video advertising industry at large.”
With the award, Shehan and Swoboda join an impressive line of honorees including such entrepreneurs as Howard Schultz of Starbucks Coffee Company, Arthur M. Blank of AMB Group, LLC (The Home Depot, Atlanta Falcons), Pierre Omidyar of eBay Inc., Ruth Fertel of Ruth’s Chris Steak House, Maxine Clark of Build-A-Bear Workshop, Inc., Tom Adams of Rosetta Stone, Reid Hoffman and Jeff Weiner of LinkedIn, and 2012 winner Hamdi Ulukaya, founder of Chobani, Inc.
With more than 400 million auctions per day, SpotXchange is the largest global marketplace of video ad inventory reaching 120 million unique visitors in more than 50 countries each month. The leading platform for programmatic buying and selling of digital video, SpotXchange connects thousands of publishers with advertisers, agencies, trading desks and ad networks, running top brand campaigns through its IAB-certified marketplace. SpotXchange shows premium publishers and more than 1,000 world class advertisers that there is a better way to buy and sell digital video — with solutions that guarantee total transparency, brand safety and real-time control in either a private or public marketplace.