Redmond’s MediaAlpha, an advertising technology company that develops programmatic advertising platforms for vertical search media, is ranked 13th on the Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

MediaAlpha, which developed the first and only transparent, real-time platform for the buying and selling of performance media, grew 5,057 percent over a three-year period.

The company was also the highest ranked Washington state winner.

“We continue to innovate and develop new product solutions that empower our advertiser and publisher partners to improve the way they buy and sell vertical search media,” said Steve Yi, co-founder and CEO of MediaAlpha. “Our revenue growth has been driven by the rapid acceptance of the MediaAlpha exchange technology platform as the most sophisticated and robust in the performance marketing industry. We are honored to be recognized for this award, which is a great testament to the hard work of our team and our ability to continually develop innovative products for our partners.”

“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.