SpotXchange Boosts Headcount As Company Grows Revenues

Denver-based video advertising exchange SpotXchange said this morning that it has grown to 122 employees, up from the 74 employees it had at the beginning of 2013, as it also saw a big increase in its revenues. The company--which did not disclose actual financials--said it saw its revenues grow by 70 percent in Q4, year over year. SpotXchange is led by Mike Shehan. The company is backed by H.I.G. Growth Partners.