After an uncharacteristically quaky second quarter that led TubeMogul to lower its guidance amid mobile measurability challenges, market dynamics may be on the upswing. TubeMogul’s total Q3 revenue reached $56.1 million, up 21% year over year, despite a slow ramp-up in mobile video demand due to what the company claimed was a lack of comprehensive […]
Tremor Video’s Q3 revenue was down 1% YoY in Q3 to $41.3 million, a slight improvement over last quarter, when the company’s revenue tumbled 12% YoY. The company is break even in terms of cash flow. When asked about the revenue decreases last quarter, CEO Bill Day told AdExchanger: “We’ve said this since we went […]
Although Neustar’s marketing services division saw 54% Q3 revenue growth YoY to $63.3 million, CEO Lisa Hook noted Thursday that new client wins in its marketing analytics business, MarketShare, had fallen short. As a result, the company lowered MarketShare’s full-year revenue guidance for 2016 from $70 million to $55 million-$60 million. “Our overall results for […]
While Rocket Fuel’s Q3 revenue missed its guidance, CEO Randy Wootton emphasized the company’s continued transition from an ad net into a platform solutions provider. Rocket Fuel’s Q3 non-GAAP revenue of $62.3 million was down 8% compared to last year, while its GAAP revenue of $109.7 million was 2% lower year over year (YoY). Read the release. […]
Youssef Squali will speak at AdExchanger’s PROGRAMMATIC I/O Conference in New York on October 27. All eyes are on The Trade Desk as a much hoped-for bellwether of the revivification of ad tech IPOs. There’s a lot of goodwill coming from all directions, even from competitors. A rising tide will raise all ships. That’s the […]
Forget ecom platform Demandware and data management platform Krux. Investors only want to know why in the world Salesforce CEO Marc Benioff has any interest in Twitter. The pounding Salesforce’s stock has taken since Benioff expressed interest certainly reflects their skepticism. So while the little blue bird hasn’t been an explicit presence in this year’s annual […]
French performance marketing company Criteo will acquire HookLogic, a retail exchange, ad server and attribution company focused squarely on retailers. The deal, a $250 million all-cash transaction, gives Criteo a brand new set of customers – including CPG advertisers like Clorox and Kraft. HookLogic’s performance marketing exchange enables these consumer brand manufacturers to bid on sponsored product […]
Private ad tech companies are going public, public ad tech companies are coming off the market, private equity is getting acquisitive – and it’s all part of the natural order and an overdue market correction. Time to put a fork in the now timeworn “ad tech is dead” narrative. “We’ve always been bullish on this space […]
Cross-channel marketing intelligence platform Beckon has raised $10 million in a Series C round led by Venrock and other investors. Beckon had previously raised $23 million over the course of its five-year life span. The company will put the latest injection toward product development and staffing up on sales, marketing and engineering talent. Beckon was […]
Western ad tech companies looking for an exit only have a handful of choices. They can IPO like The Trade Desk (not likely), get acquired like Yahoo (slightly more likely), sell to private equity like Marketo or Mediaocean (only an interim solution) or, as is now becoming the trend, find a Chinese consortium with an […]
