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The topic of whether in-stream advertising has heated up. I myself recently covered the topic when I spoke about why GRPPartners invested in Ad.ly. Let me lay out my defense of In-Stream Advertising because I believe the topic is really important. GRPPartners invested in GoTo.com which rebranded as Overture.
Today, we're featuring Mark Suster , a venture capitalist at GRPPartners , founder of LaunchpadLA , the startup accelerator, not to mention well read blogger and highly watched host of This Week In Venture Capital. The most significant news for GRPPartners in 2012 was the first close of our 4th venture fund.
If there were such a thing as a "Dream Team" for mobile advertising, you would be hard pressed not to pick the founding team of Los Angeles-based Gradient X (www.gradientx.com), whose founders include Michael Lum (formerly of OpenX), Brian Baumgart (formerly at Adconion), and Julie Mattern (formerly of Rubicon Project). What is Gradient X?
When I started investing the US advertising market was $300 billion with only 10% of it ($30 billion) of it being online and measurable. One recession later and the US advertising market is about $245 billion – but still only 10-12% is online and measurable. And it turns out that we click a lot.
Los Angeles-based MySpace and startup Ad.ly , also based in LA, said today that they have linked in an in-stream advertising deal. helps celebrities, musicians, and other social influencers monetize their Twitter and other activity streams with advertising; the firm is backed by GRPPartners, Greycroft Partners, and LowerMyBills' Matt Coffin.
This morning's interview is with Mark Suster , a venture capitalist at GRPPartners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. So we're focused on technology, and financial services.
Los Angeles-based GumGum , the image licensing startup headed by Ophir Tanz, is hailing its traffic and customer wins this week, saying that it now is reaching 65 million monthly uniques, and has been signing up a number of brand advertisers for campaigns. The firm is venture backed by GRPPartners, First Round Capital, and Crosscut Ventures.
Los Angeles-based Twitter advertising firm Ad.ly , which appears to have been caught this morning by Twitter's declaration that it would no longer allow third party advertising in Twitter streams, has responded to the announcement. Tags: advertising tweet twitter ad.ly 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. GumGum is backed by NEA, GRPPartners, First Round Capital and Crosscut Ventures.
Gradient X , the online mobile marketing and advertising technology developer backed by GRPPartners, Rincon Venture Partners, Crosscut Ventures, Founder Collective, Double M Capital, Baroda Ventures, Siemer Ventures, and others, has snapped up some talent from OpenX with its latest hire.
Looking to reduce its dependence on Twitter's fickle advertising policy, Los Angeles-based Ad.ly , the Twitter advertising startup backed by Greycroft Partners and GRPPartners, said earlier this week that it has extended its platform to applications and websites. said it has launched a new platform called Ad.ly
Online advertising firm YieldMetrics said Thursday morning that it has raised $1.7M in funding, which was led by GRPPartners, and also included Baroda Ventures , Bertelsmann Digital Media Investments , Daher Capital , Double M Capital , Karlin Ventures , Launchpad LA, as well as angels. READ MORE>>.
Los Angeles-based social, celebrity advertising startup Adly confirmed the company''s recent $2M funding round today, officially announcing the funding from GRPPartners and Siemer Ventures. adly venture capital funding social celebrity advertising' The firm disclosed the funding last week. READ MORE>>.
Los Angeles-based celebrity advertising firm Ad.ly more in funding, from GRPPartners and Siemer Ventures. helps match up celebrities with social media advertisers. adly celebrity advertisingpartners venture capital social media twitter' disclosed Thursday that it has raised $2.0M READ MORE>>.
GumGum , the provider of in-image advertising services which is backed by GRPPartners, First Round Capital, New Enterprise Associates and Crosscut Ventures, has signed a deal with a Canadian firm, in its first deal out of the country, according to the company Wednesday. READ MORE>>.
Santa Monica-based Gradient X , the programmatic mobile advertising startup backed by GRPPartners, Rincon Venture Partners, Crosscut Ventures, Founder Collective, Double M Capital, Baroda Ventures, Siemer Ventures, Walter Kortschak (Summit Capital), and Mark Suster, said today that it has exited its beta. READ MORE>>.
GumGum , the developer of in-image advertising technology headed by Ophir Tanz, is bolstering its sales efforts, and has hired an Amazon veteran to head up western sales. According to GumGum, Matt Weisbecker has been appointed Vice President, Western Sales for GumGum, a new position for the company. Weisbecker was previously. READ MORE>>.
Santa Barbara-based RinvRevenue , the provider of pay-per-call marketing technology, said today that it has partnered with mobile ad network firm Tapjoy. The two said they partnership will deliver advertisers with more customers through inbound calls. Financial details of the partnership were not announced. Shaw Ventures.
Los Angeles-based GumGum , which provides an in-image advertising platform for publishers, said Friday that it has added Ryan Schinman, CEO of Platinum Rye Entertainment, to its advisory board. GumGum is venture backed by NEA, GRPPartners (now Upfront Ventures), First Round Capital and Crosscut Ventures. READ MORE>>.
Santa Monica-based online advertising firm YieldMetrics has renamed itself Adomic , as part of a rebranding effort, the firm said today. The startup, which is backed by Upfront Ventures (which also just went through a renaming effort, from GRPPartners), did not say exactly why it decided to rename itself. READ MORE>>.
The round was led by GRPPartners and Rincon Venture Partners. RingRevenue said that in 2012, advertisers have generated more than $200M worth of sales using its technology. RingRevenue said that in 2012, advertisers have generated more than $200M worth of sales using its technology. READ MORE>>.
Los Angeles-based Ad.ly , the Twitter advertising startup, is further looking to diversify its service from Twitter, saying this week that it has added support for Facebook. had added support for MySpace in June, shortly after Twitter said it would not allow other companies to automatically include advertising into Twitter.
Rad and Mateen are both high tech veterans, with Rad having previously founded Twitter advertising startup Ad.ly; Mateen was most recently founder of CoverCanvas. went on to raise venture funds from Greycroft Partners, GRPPartners, and Matt Coffin.
Los Angeles-based Burstly , the mobile advertising tools firm run by Evan Rifkin, said this week that it has opened up a new way for mobile application developers to sell their own advertising space. Burstly is venture backed by Founder Collective, GRPPartners, Rincon Venture Partners, and SoftBank Capital.
Los Angeles-based Burstly , the mobile advertising technology firm headed by Evan Rifkin, said today that it has acquired TestFlight , a developer of a real-time dashboard which provides mobile advertising and revenue analytics for iOS apps. Burstly is backed by GRPPartners, Rincon Venture Partners, and SoftBank, and announced a $5.5M
The funding round came from GRPPartners and Rincon Ventures. Mark Suster at GRP lead the firm's investment, with Jim Andelman heading up Rincon's involvement. As part of the investment, Burstly said that it is opening up access to its advertising tools and exiting beta for its product. READ MORE>>.
investment from Rincon Venture Partners and GRPPartners. Tags: burstly softbank mobile advertising venture capital. Burstly recently announced a $1.8M Rifkin was the founder of TagWorld/Flux, which he sold to MTVN in 2008. READ MORE>>.
Micro-messaging service Twitter said this morning that it is banning third-party advertising in its stream, taking direct aim at Los Angeles-based Twitter advertising service Ad.ly. is backed by GRPPartners, Greycroft Ventures, and LowerMyBills founder Matt Coffin.
Los Angeles-based Burstly , the mobile advertising startup headed by Evan Rifkin, has raised $5.5M The round came from GRPPartners, Rincon Venture Partners, and SoftBank. in a Series B round, according to reports. Rifkin is the former founder of Tagworld. in March of 2010.
in investments, IT services--which includes many online advertising firms--was at $35.15M in investments. Other major areas of investment were Medical Devices and Equipment, with $131.46M in investments and Biotechnology, with $77.6M. Media and Entertainment was at $55.5M
According to the firms, As Seen Anywhere will provide multi-channel, pay-for-performance advertising. RingRevenue is venture backed by GRPPartners, Rincon Venture Partners, and Great Pacific Capital. Tags: ringrevenue advertising telephone. Spievak is the former CFO of Callwave. READ MORE>>.
The partnership allows DoublePositive to include phone numbers in advertisements, and track responses to those different inbound calls. RingRevenue is backed by GRPPartners and Rincon Venture Partners, and is led by Jason Spievak. Financial details of the partnership were not disclosed. READ MORE>>.
The firm's tools allow web publishers to recommend content to users, while also inserting "sponsored stories" in those recommendations from advertisers. Gravity is backed by GRPPartners, Redpoint Ventures and August Capital, having most recently raise d$10.6M in a Series B funding round in October.
It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRPPartners. He was also the first one to challenge my conventional wisdom that it made no sense for tech companies to advertise on television. This is exactly the brand that GRPPartners wants to embody.
Santa Barbara-based RingRevenue , the pay-per-call advertising firm headed by Jason Spievak, announced today that it has named Monty Hudson as the firm's Executive Vice President of Sales. RingRevenue is backed by GRPPartners, Rincon Venture Partners, and Great Pacific Capital. READ MORE>>.
Santa Monica-based Gumgum , the celebrity image licensing and advertising firm led by Ophir Tanz, has finally disclosed its funding round. The firm has raised $7M in funding from New Enterprise Associates, GRPPartners, and First Round Capital. It's unclear if prior investor Crosscut Ventures participated in this funding.
A trio of online advertising vets are heading up a new, mobile advertising firm, Gradient X , which said this morning that it has raised $3.75M in a seed financing round. The firm said it will provide a demand side platform focused on advertising on mobile media. READ MORE>>.
Los Angeles-based Ad.ly , the Twitter advertising firm headed by Sean Rad, is announcing today that it has raised $5M in a new round of financing. The round comes from GRPPartners, Greycroft Ventures, and Matt Coffin, the founder of LowerMyBills. Tags: adly venture capital twitter advertising. READ MORE>>.
Santa Monica-based Gumgum , the celebrity image licensing and advertising startup headed by Ophir Tanz, has appointed a new VP of Sales, the firm told socalTECH today. Gumgum recently raised $7M in a funding from New Enterprise Associates, GRPPartners, and First Round Capital. READ MORE>>.
Los Angeles-based GumGum , the provider of in-image advertising technology, said this morning that it has named Tony Winders as its Senior Vice President of Marketing. GRPPartners, First Round Capital, New Enterprise Associates and Crosscut Ventures. GumGum is venture backed by. READ MORE>>.
GumGum allows publishers to use celebrity and other photos, without the usual, high cost of licensing those images from photography agencies, and allows those publishers to share advertising revenues with the owners of those photos. Tags: paparrazi photography photo celebrity internet advertising toolbar image gumgum. READ MORE>>.
Advertising has driven the majority of Internet innovation. My firm GRPPartners recently funded a young LA based company named Ad.Ly that is an “in-stream advertising&# company currently focused on monetizing Twitter. So what do we mean by in-stream advertising? Advertising is great.
According to Lehmbeck, in an interview with socalTECH, the company's software takes key specifications from products such as televisions and other consumer electronics, and applies them to ads automatically, so that instead of just advertising a big screen television an ad might contain key terms and information about those products.
RingRevenue is venture backed by GRPPartners and Rincon Venture Partners. The firm said companies like Progrexion Marketing--which markets the credit repair product Lexington Law--has been seeing success with pay-per-call using its products.
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