Managed revenue was $153.5 million, an increase of 36% from the same period last year. RTB managed revenue grew 75% YoY. Rubicon lost more money than last year, however, with a net loss of $9.4 million, compared to $2.1 million in Q2 of 2013.
During the call, company CEO, founder and Chief Product Architect Frank Addante highlighted the company’s recent moves, particularly in the ultra-hot areas of video and mobile.
“We released video into private beta and took a huge leap in mobile,” he said. “With the addition of InMobi, we now power the world’s largest mobile native advertising exchange.”
The latter is a collaboration to create a mobile exchange to compete with both Google’s and Twitter’s, one that is said to field 750 million mobile users across more than 30,000 mobile apps.