[October 20, 2017]

GumGum Honored by Goldman Sachs for Entrepreneurship

Goldman Sachs (NYSE:GS) is recognizing GumGum's CEO, Ophir Tanz, as one of the 100 Most Intriguing Entrepreneurs of 2017 at its Builders + Innovators Summit in Santa Barbara, California.

Goldman Sachs selected Ophir Tanz as one of 100 entrepreneurs from multiple industries to be honored at the two-day event. Tanz is the CEO and founder of GumGum, an artificial intelligence company with deep expertise in computer vision. Under his leadership, GumGum created the first and largest In-Image advertising platform, revolutionizing the industry. Ophir is a thought leader on AI and computer vision, and is a guest columnist for TechCrunch.

Prior to launching GumGum in 2008, Ophir was the CEO and co-founder of Mojungle.com, a mobile media-sharing platform that was sold to Shozu.com in 2007. Before this, Ophir co-founded and sold Fluidesign, an award-winning interactive and branding agency. Ophir holds a B.S. and a M.S. from Carnegie Mellon University and currently lives in Los Angeles, CA (News - Alert). In his spare time he enjoys woodworking, guitar, surfing, basketball and tennis.

"Gumum is on track for another year of amazing growth and I owe much of that success to my team," said Ophir Tanz, CEO of GumGum. "We will continue to tackle marketing's toughest challenges by pioneering advancements in artificial intelligence and computer vision, while committing to the development of our staff and the special culture at GumGum."

"We are pleased to recognize Ophir Tanz as one of the most intriguing entrepreneurs of 2017," said David M. Solomon, President and Co-Chief Operating Officer at Goldman Sachs. "This is the sixth year that we've hosted the Builders + Innovators Summit where emerging business leaders gather to discuss their common interests in building prosperous organizations."

For more than 145 years, Goldman Sachs has been advising and financing entrepreneurs as they launch and grow their businesses. In addition to honoring 100 entrepreneurs, the Summit consists of general sessions and clinics led by Goldman Sachs experts, seasoned entrepreneurs, academics and business leaders as well as resident scholars.

About GumGum

GumGum is an artificial intelligence company with deep expertise in computer vision. Its mission is to unlock the value of images and videos produced daily across the web, social media and broadcast television. Since 2008, the company has applied its patented capabilities to serve a variety of industries from advertising to professional sports. For more information please visit: http://www.gumgum.com/

View source version on businesswire.com: http://www.businesswire.com/news/home/20171020005699/en/

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