ClassifiedAds.com Recognized as a Top 5 Startup

June 22, 2011   Technology News
(PRLEAP.COM) Bellevue, WA (June 22, 2011) ClassifiedAds.com, Inc., a leading online classifieds website, announced today that is has received the distinction of being ranked the number five startup in Seattle on the closely-watched Seattle 2.0 Seattle Startup Index. The index is computed by taking into account Alexa and Compete data for websites based on the aggregate Reach (unique visitors) of all properties owned by a company.

"We are humbled and honored to be listed among such prominent and accomplished startups as Cheezeburger Network, BuddyTV, Wetpaint, Redfin, PayScale, SEOmoz and others," commented Edward Yim, Founder and CEO of ClassifiedAds.com. "We are thrilled with this recognition and excited about being part of the Seattle startup community, and we are looking forward to continuing our rapid growth."

ClassifiedAds.com has achieved a number of important milestones in 2011, including:

  • Surpassing the 3 million monthly unique visitors mark.
  • Full rebranding of the website.
  • Numerous user enhancements to the website, including automatic geo-targeting, easier to navigate category navigation, shorter and simpler ad posting process, improved search functionality and more.
  • ClassifiedAds.com has grown into one of the top five online classified ads websites, ranked as the 566th largest website in May 2011 by Compete.com. With over 3 million monthly unique visitors, thousands of items are listed for sale and sold on the website daily. As a private company ClassifiedAds.com does not disclose revenue figures, but Yim noted that the Company has been consistently profitable for years and has grown revenue over 400x and traffic by over 160x.

    "We have experienced tremendous growth over the past year, and like many startups our future opportunities are limited only by our ability to attract the best and brightest talent." Yim's near-term focus is continuing to grow the team, particularly in the areas of engineering and marketing. "We are solving complex challenges here," says Yim. "We're just getting started, and I feel more optimistic about the Company's future prospects than I have at any time in the Company's history." The Company is actively recruiting for positions in engineering and marketing.

    About ClassifiedAds.com
    ClassifiedAds.com is a free online classified ads website for used cars, jobs, real estate, and more. ClassifiedAds.com has grown into one of the top five online classified ads websites with over 3 million unique monthly visitors. Ranked as the 566th largest website in May 2011 by Compete.com, the Company has grown revenue over 400x and traffic by over 160x. The Company was bootstrapped by its founders and has received no outside funding. For more information about ClassifiedAds.com, please visit http://www.classifiedads.com
    Contact Information
    Edward Yim
    ClassifiedAds.com, Inc.
    425-696-0333
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