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Pasadena-based advertising technology firm OpenX has raised $22.5M OpenX develops online ad serving software, used by web publishers to serve up advertising on their web sites; the firm also offers up a real-time bidding exchange, OpenX Market, used by advertisers and publishers for deciding what advertising to serve up to consumers.
The revenue growth was driven by the addition of new advertisers on the video site--the firm said it had 289 advertisers in Q1 this year, up from 194 in Q1 of 2010. READ MORE>>.
GumGum , the in-image advertising technology developer led by Ophir Tanz, has promoted Phil Schraeder, the firm''s VP of Finance, to Chief Operating Officer, to head up the firm''s internal operations, business development, and finance. images photo advertising online reald executive gumgum' READ MORE>>.
Monday, October 24, 2011 -- Do you have an Ad Supported Business Model? Understand the Online Advertising Food Chain First. Join Barbara and Jimi Smoot of Initiative.com as we examine generating revenue through online advertising channels. How do brands advertise? What role do advertising agents play?
ReachLocal provides help to local and small businesses to advertise their companies online. The firm said it targeted Brazil as its first country in South America, due to the rapid growth rate in that country; the firm said online advertising spend in Brazil was $804M in 2011.
Ventura- and New York-based online advertising firm The Trade Desk announced Thursday that it has named Rob Perdue as its new Chief Operating Officer. Perdue apparently helped to broker the acquisition of EyeWonder by MediaMind in 2011. Perdue apparently helped to broker the acquisition of EyeWonder by MediaMind in 2011.
Los Angeles-based OpenX , the developer of online advertising serving software, reported today that it has achieved its first full quarter of profitability, and is has exceeded an annual run rate of $100M. OpenX develops online ad serving software, which is used by web publishers to display web advertising. READ MORE>>.
Los Angeles-based Hulu CEO Jason Kilar said Thursday afternoon that the company brought in approximately $420M in revenues in 2011, up 60 percent from 2010, and now has more than 1.5 Kilar disclosed the numbers in a blog post summarizing the firm's 2011. million paying subscribers to Hulu Plus. READ MORE>>.
Westlake Village-based online advertising firm ValueClick said Tuesday afternoon that it is acquiring Dotomi , a provider of real-time, dynamic display advertising technology, in a deal worth $295M. ValueClick said that Dotomi had expects to generate over $80 million in revenue in 2011. READ MORE>>.
Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. The company expects Greystripe to add $24 to $26M in revenues for the remainder of 2011. The deal was worth $70M in cash. in the deal. READ MORE>>.
The firm said the move was made to serve clients and agencies in the two markets, with Minneapolis representing a $1 billion online advertising and $300M mobile marketing opportunity by the end of 2011. Phoenix is expected to reach $800M in online advertising spend this year, according to figures cited by ValueClick.
Adconion Media Group , the Internet advertising firm which has been ramping up its operations in Santa Monica, said today that it is spinning out its video product, Joost Video Network , into a new, standalone business, also based in Santa Monica. The firm said it expects triple digit growth in 2011. READ MORE>>.
Hulu , the online video streaming site headed by Jason Kilar, detailed its 2012 numbers today, saying that it will close the year with approximately $695M in revenues, a growth of over 65% since 2011. Hulu said its subscriber count more than doubled during the year. Hulu said its subscriber count more than doubled during the year.
Online advertising provider Real Media Group , which is part of 24/7 Media, said today that it has launched three new video formats. 24/7 Media acquired Los Angeles-based Panache in December of 2011. READ MORE>>.
The acquisition Tuesday of ThinkNear , the mobile advertising firm headed by Eli Portnoy, looks to be among the first accelerator-incubated companies in Southern California. for ThinkNear Tuesday morning, and make the company part of its mobile, local advertising group. TeleNav said it would pay $22.5M
Irvine-based Local Corporation , which provides online local advertising for small businesses, said Friday that it has sold off its Rovion unit to Gannett Co., Rovion was a provider of mobile advertising, and had been acquired by Local Corporation in April of 2011 for $2.3M. The deal was worth $3.9M Local Corp. READ MORE>>.
Continuing its international expansion, Woodland Hills-based ReachLocal , which helps local businesses market themselves online through paid search marketing and other advertising, said it has opened up new offices in Canada and Germany. ReachLocal has been active in Canada since 2008, and in Germany since 2011. READ MORE>>.
Adconian , which operates an Internet advertising network, has moved into new 40,000 square foot offices in Santa Monica, the firm said this week. The firm said it expects "aggressive company growth" in 2011, and has over 100 job openings.
Adconion Media Group , the online advertising network which has major operations in Los Angeles, said this morning that it has rebranded Joost Media into a its smartclip video advertising division. Smartclip, which Adconion acquired in November of last year, is a European digital video advertising provider. READ MORE>>.
Los Angeles-based online advertising technology provider Rubicon Project priced its IPO last night, saying that it is selling 6,770,995 shares of its common stock at $15.00 The IPO is the first, technology IPO out of Los Angeles since 2011. rubicon project advertising merger exchange exit technology rubi' READ MORE>>.
Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 rubicon project advertising merger exchange exit technology rubi' and $17.00 Mayfield, as well as others.
Even though it has been a long haul, it’s nice to see some optimism surfacing in 2011. A majority of small business leaders intend to be more aggressive in 2011 by implementing a range of actions to advance their businesses. Respondents cited a greater focus on operating efficiencies as the number one step to achieving growth in 2011.
Los Angeles-based online advertising firm SocialVibe has a new CEO this mornig: co-founder Joe Marchese. Marchese had been President of the company from 2006 until 2011, when he departed to become Senior Vice President of Marketing and Digital for Fuse Networks. socialvibe executive online advertising' READ MORE>>.
The online advertising technology provider said the funding came from prior backers Jafco Ventures, Pinnacle Ventures, Norwest Venture Partners and Redpoint Ventures. truex media socialcibe svnetwork venture capital online advertising technology' The company has now raised over $50.85M in funding since 2008. READ MORE>>.
Adconian Media Group , the Internet advertising firm which has been ramping up its operations in Santa Monica, said today that it is spinning out its video product, Joost Video Network , into a new, standalone business, also based in Santa Monica. The firm said it expects triple digit growth in 2011. READ MORE>>.
The firm says it now has more than 28 million registered users, and saw a 38 percent increase in advertising and sponsorship revenue from 2011 to 2012. Mission Viejo-based Lifescript , which operates an online women's health site, claimed that it saw strong growth in 2012. Actual financial details were not released by the company.
Beverly Hills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday. How does the firm hope to attract more large brand advertisers? Tags: hydra media advertising network. READ MORE>>.
Irvine-based Fisker Automotive is hoping to spur more interest in its electric vehicles, via a big advertising push in the Wall Street Journal, the automaker announced Friday. Fisker said it will be running its ads over the "next several months" in its first, major advertising campaign in national US media. READ MORE>>.
Elevation Partners invested in MarketShare in 2011. software analytics advertising sales marketing partners elevation capital venture marketshare' The firm said it was advised by LUMA Partners in the deal. READ MORE>>.
Local.com acquired the Rovion ad serving business in February of 2011, part of a diversification move by the firm into a variety of new advertising areas. The firm said the new ad unit is aimed at allowing users to create and display polls, and is ideal for the 2012 election ad campaign season. READ MORE>>.
Irvine-based online advertising firm WebVisible has shut down, according to a report Wednesday. The company has not yet confirmed the shutdown, however, founder and CEO Kristen Mangers had left the firm in January in 2011.
The firm reported 875,000 paid Hulu Plus subscribers as of June 2011, up from less than 250,000 six months ago, in December of 2010. per month, with the remainder of the payout to content providers coming from advertising revenue. per month, with the remainder of the payout to content providers coming from advertising revenue.
ReachLocal says it has been working with SureFire since 2011, when SureFire launched ReachLocal''s online marketing product to the local market. reachlocal zealand merger acquisition overseas international expansion online advertising small medium' Financial terms of the acquisition deal were not announced. READ MORE>>.
Tuesday, September 20, 2011 -- 3D Entertainment Summit. The 3D Entertainment Summit brings together thought leaders from around the globe to analyze 3D in all platforms theatrical, home entertainment, gaming, advertising, and alternative content. See [link] (more)
Instead of foisting antiquated conversion funnels on mobile users, advertisers should offer consumers what they want - the opportunity to transact (or learn more) with a single click. Fortunately for consumers, not all mobile advertisers are clueless. Note: I am an Invoca investor via Rincon Venture Partners ).
What are the technologies, companies, or things you think the community ought to pay the most attention to in 2011? The second thing, is to look at companies who are creating value on mobile and the web that is not advertising based. One is to watch the companies who have the ability to leverage the power of social.
Tuesday, February 1, 2011 -- DOMAINfest Global. More than 650 domain name investors, online marketing and advertising professionals, and leading service providers engaged in meaningful discussions and good fun at DOMAINfest Global 2010.
There's been a lot of excitement in the mobile advertising space lately as recent announcements from Facebook, Twitter, Google, and Apple, etc. Marketers understand this and it's now a big area for future advertising budget dollars and overall industry growth. in 2011 to more than $20B by 2015. See [link] (more)
Convertro , the online advertising analytics firm headed by serial entrepreneur Jeff Zwelling, said today that it has launched a new product to help marketers with that problem. So, how do marketers figure out if you're the same person to better target their ads? READ MORE>>.
The group says that so far, from 2009 to 2011, it accepted 23 companies, of which 19 received funding worth a total of $80M; the accelerator said that the nine companies acquired exceeds $60M in proceeds. LaunchpadLA started initially as a mentoring group, but expanded into accelerating and investing in companies in the last few years.
The TechZulu team is coming back to Pubcon this year from November 9-10 to bring you some amazing content from the masters of affiliate marketing, Search and SEO, Social Media, Link building, Advertising, Branding, PR, Analytics and tons more.
Thursday, September 22, 2011 -- 3D Entertainment Summit. The 3D Entertainment Summit brings together thought leaders from around the globe to analyze 3D in all platforms theatrical, home entertainment, gaming, advertising, and alternative content. See [link] (more)
By 2010-2011 this had shrunk by half again, averaging under $15 billion. By the end of 2011 the Internet population was estimated at 2.3 This world of local meets retail meets digital advertising portends to technology disruption and with it VC opportunities. Money flowing into our industry has also massively downsized.
Zorik Gordon: We're going to be moving pretty quickly with integration, and rolling out aggressively in 2011. You've got lots of contact with local advertisers -- how aware are they of the whole daily deals phenomenon, and where do you see this market being now? How quickly will you be building on what DealOn currently has running?
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