The Toronto-based online advertising and marketing company Chango just announced that it has raised $12 million. All of the participants in Chango’s last funding round also participated in this one, including iNovia, Rho Canada Ventures, Metamorphic Ventures, Mantella Venture Partners and Extreme Venture Partners. As Chango Founder and CEO Chris Sukornyk told me earlier this week, the company… → Read More
AdRoll, one of the leaders in online ad retargeting, has raised a new $15 million round of funding.
Back in February, the company announced that it had quadrupled revenue and become profitable in 2011. AdRoll now says it has more than 5,000 customers and is adding almost 500 new ones every month. → Read More
Aiming to become one of the giants of online advertising, ad retargeting startup AdRoll has hired Googler Suresh Khanna as its vice president of sales.
In nearly six years at Google, Khanna held a number of roles. Most recently, he was director of new advertiser sales, where he says he led the North American team for acquiring mid-market and larger advertisers. Until now, Khanna says AdRoll… → Read More
As online ad retargeting becomes more ubiquitous, retargeting startup AdRoll says it’s growing quickly.
The company wasn’t willing to reveal exact revenue numbers, but it did share some statistics about its growth. AdRoll says it saw revenue grow 414 percent, while ad impressions served increased 400 percent. The company says it tripled the number of advertisers that it’s working with 2,193 new… → Read More
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