There’s apparently power in numbers in the fight against ratings fixture Nielsen. Measurement companies comScore and Rentrak have reached a definitive agreement to merge, the two companies announced Tuesday. (press release) In the stock-for-stock merger, Rentrak is to merge into a wholly owned subsidiary of comScore. ComScore CEO Serge Matta will take the reins as CEO […]
Social marketing platform Unified, an early Facebook and Instagram ads partner, has raised $30 million in Series B financing and an additional $10 million credit facility, the company said Thursday. IHeartMedia led the Series B round with support from existing investors, including Advance Publications, Upfront Ventures and Foundry Group. Silicon Valley Bank, provided the credit […]
NewsCred, a maker of content marketing software for enterprise brands like Barclays, Toyota and Conair, has raised $42 million in growth equity led by FTV Capital – bringing its total to $88.8 million. NewsCred’s co-founder and CEO, Shafqat Islam, has voiced concerns in the past regarding oversaturation in the content marketing technology category, citing $100 million […]
Last week’s stock market dip and subsequent recovery could have particularly troublesome consequence for ad tech firms looking to play on public markets. Though market volatility is a constant, last week’s flux put a spotlight on a handful of ad tech firms often mentioned as IPO candidates, among them AppNexus, Quantcast, Collective, Dstillery, PubMatic, Integral Ad Science, […]
Sizmek has gone through some seismic changes to its sales staff and some of its product offerings. So despite a 9% YoY decline in Q2 revenue to $40.2 million, CEO Neil Nguyen’s word to investors during Sizmek’s earnings call Wednesday was: “Look for efforts to match our results in the second half of the year and even more […]
Despite Alibaba’s 28% revenue growth to $3.2 billion in Q1, the Chinese ecommerce giant experienced its slowest growth rate in sales over the last three years. This stall might be partially attributed to growing pains as Chinese consumers move from desktop to mobile. Alibaba’s total gross merchandise volume rose 34% to $108 billion (compared to […]
Video demand-side platform TubeMogul reported that more than 20% of global spend running through its platform in the second quarter came from mobile, programmatic TV and display ad formats. Mobile ad spend drove 10-15% of spend, programmatic TV constituted between 5-10% and less than 5% came from display. “We think this is significant, given our […]
Though video ad company YuMe held to last quarter’s promise that it would release a programmatic ad stack, it did little to improve its Q2 2015 financial performance. “We had a disappointing quarter,” said Jayant Kadambi, co-founder and CEO during a Monday earnings call. YuMe’s Q2 2015 revenue was flat – $40.4 million in Q2 2015, […]
French performance marketing company Criteo turned in a solid second quarter, growing its revenue ex-TAC by 65% to €110 million (US$120 million), up from €67 million (US$73 million) last year. Criteo continued its client growth streak, adding 730 net new advertiser clients in the last quarter to total about 8,500. It claims those clients are spending more, too, resulting […]
Media quality verification company Integral Ad Science revealed Friday a new $67 million investment. The round is a mix of debt and equity financing, which CEO Scott Knoll described as an “optimal” blend for the 6-year-old company. Knoll also said the company’s revenue will surpass $100 million this year. The company had raised about $49.8 […]
