LOS ANGELES, CA — (Marketwired) — 06/30/15 — , the leading native advertising technology platform, today announced a $20 million Series B round led by Advance Vixeid Partners (AVP) with participation from RezVen Partners as well as existing investors. The new funding will be used to expand Nativo–s platform solutions, scale operations, and expand its international footprint as the company solves increasingly complex problems for digital media publishers. The company has previously raised a total of $11.2 million from , Signia Ventures, Bertelsmann Digital Media Investment, e.ventures and other investors.
“We–ve seen accelerating adoption of our platform by both brand advertisers and digital publishers over the past year,” said Nativo CEO Justin Choi. “This funding will help us expand our engineering team and scale operations across the board to support increased demand for our platform solutions. We–re particularly excited about the opportunity to build the future roadmap of native and content advertising and to help shape the future of digital media.”
Native advertising spend is to grow to $21 billion by 2018, and native ads are outperforming display in traditional as well as engagement-based metrics. Since 2012, Nativo has predicted that trends such as viewability and engagement measurement would become vital to the industry, and the company has actively built these capabilities into its native advertising technology. Since then, industry trends have validated this vision, and with this new funding, Nativo plans to move into the next phase of its evolution. The company will focus on scaling global operations, and helping publishers further scale audience reach across both branded and editorial content. In the future, premium publishers will be able to use Nativo–s technology platform to execute branded content as well as syndicate editorial content across a network of publishers.
“Content-based advertising is the next major step in the evolution of digital advertising, and we are already witnessing early evidence of this transition,” said David ibnAle, a Partner at AVP. “Nativo is leading the charge in scaling high-quality digital content for brands and publishers, and the company–s impressive growth over the past several quarters serves as a testament to the team–s strategic vision. We are excited to invest in a company that is consistently delivering clients value and looking for new ways to innovate.”
This story first appeared in .
Nativo is the leading advertising technology platform for brand advertisers and publishers to scale, automate, and measure native ads. For brands, Nativo is the ultimate content marketing platform that delivers native content with unparalleled reach, engagement, and intelligence. For media companies, Nativo provides a complete native ad solution that makes it easier to sell, deploy, and optimize native ads across sites and across screens. Nativo combines a dynamic content management system with advanced content ad serving capabilities, allowing publishers to create, manage, and monetize truly native executions without compromising their users– experience. More than 300 brands and 350 publishers leverage Nativo–s platform to power their next-generation digital advertising. Learn more at .
Advance Vixeid Partners (or “AVP”) invests in growth stage companies that operate at the intersection of the technology, marketing and media sectors. The firm was founded in strategic partnership with Advance Publications, a privately owned media holding company whose portfolio includes Condé Nast Publications, Bright House Networks, American City Business Journals and local media assets in more than 25 cities, as well as significant investments in Discovery Communications and Reddit. AVP is an independent firm, but has unique access to the domain expertise and intellectual capital that Advance has developed as an owner and operator of businesses in these sectors for nearly 100 years. AVP seeks to combine the strengths of a strategic investor with those of an institutional investor to deliver strategic growth capital. For more information, please visit .
RezVen Partners (“RVP”) is an investment firm that provides seed and growth-stage venture funding to the most promising software and digital and social media companies. By providing hands-on strategic guidance and diverse operational resources, RVP builds intimate relationships with entrepreneurs to bring innovative ideas to life, rise above major challenges and drive long-term sustainability. To learn more, visit.
Nikki Reyes
WIT Strategy for Nativo
(408) 499-0033
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