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Tallwave and Its Portfolio Company ethology Named to Inc. Magazine's 2014 500/5000 List as Two of the Fastest Growing Private Companies

Early and Growth Stage Venture Services Company and Digital Marketing Agency Join Group of Elite Group Honored for Year-Over-Year Growth

SCOTTSDALE, AZ -- (Marketwired) -- 08/20/14 -- In recognition of its increasing revenue, early and growth stage venture services company Tallwave has been named as an Inc. 500/5000 list honoree for 2014. In addition, Tallwave portfolio company ethology, an award winning integrated digital marketing agency for evolving consumer brands, has also been honored. Inc. magazine has ranked Tallwave number 1,465 and ethology ranked an impressive number 75 on the 33rd annual list, an exclusive ranking of the nation's fastest growing private companies.

"We've always believed that lean principles drive efficiency and productivity and have made it the core principle to our approach," said Jeff Pruitt, CEO, Tallwave and its portfolio company ethology. "We're honored to receive this recognition and are proud of our teams made up of smart, fresh thinkers that have made it all possible."

The 2014 Inc. 500/5000 honorees are ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010, and have revenue no less than $2 million in 2013. Additionally, companies have to be U.S.-based, privately held, for profit, and independent.

"Ethology is a fast-growing, remarkable digital marketing agency that is on track to deliver integrated marketing programs that help brands listen, adapt and engage with their audiences," said Larry Jenkins, president, ethology. "It's gratifying to have the financial marketplace validate our growth and success as we strive to continue to innovate every day and continue our momentum."

In addition to revenue growth this year, both Tallwave and ethology have accomplished an impressive amount of success in 2014 signified by the following milestones:

  • Tallwave, in partnership with ethology, acquired digital design firm 29th Drive
  • Ethology was named one of Career Builders 2014 Top Places to Work in Arizona
  • Ethology digital marketing experts have been sought out as speakers for both local and national industry conferences
  • Ethology's work won the Digiday Retail Award for Best Use of Data by a Retailer to Drive Sales in 2014
  • Tallwave successfully graduated two cohorts of rapid-growth companies through its "High Tide" start-up accelerator program
  • Tallwave has overseen the creation of nearly 80 jobs in Arizona directly and through its portfolio companies
  • Tallwave and ethology CEO, Jeff Pruitt, was names as a finalist in the Ernst and Young Entrepreneur of the Year award

"Tallwave and its portfolio company ethology have experienced tremendous growth and success in such a short period because of their customer-centric approaches to product and marketing," said Roy Vallee, Tallwave Board Member and former Chairman & CEO of Avnet. "Receiving this prestigious national recognition is a real testament to the persistence, dedication and passion of the combined teams."

Complete results of the Inc. 500/5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000/list.

About Tallwave
Tallwave helps startups and growth companies build, launch and scale with a unique combination of hands-on services, operational systems, networks and strategic capital. This approach helps innovators build products users love, drive adoption and structure their company for growth. Tallwave also hosts High Tide™; one of the most innovative startup competitions in the U.S. Tallwave is headquartered in Scottsdale, Arizona with offices in Los Angeles and San Francisco. Additional information about Tallwave is available at www.tallwave.com.

About ethology
Ethology is the integrated digital marketing agency for evolving consumer brands, and a portfolio company of Tallwave, a venture development firm that validates, grows and helps start-ups commercialize their businesses. Ethology is a digital marketing agency with expertise in integrating earned, owned and paid digital media programs. The agency's core service strengths lie within five distinct tactical categories including: 1) Digital Strategic Planning, 2) Customer Experience: Content Strategy & UX Design, 3) Content Marketing, 4) Search - Organic, Paid & Local and 5) Advanced Analytics. The agency services large Fortune 1000 and mid-size brands in travel and hospitality, consumer retail, ecommerce, finance and banking, telecommunication, consumer package goods, insurance, entertainment and healthcare industries. For more information on ethology, please visit ethology.com.

Media Contact:
Linda Capcara
TechTHiNQ
[email protected]nq.com
480-229-7090

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