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	<title>Bitshelf &#187; SEM Solutions</title>
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		<title>Publicis Webformance selects Kenshoo Local to manage Paid Search campaigns</title>
		<link>http://www.bitshelf.com/publicis-webformance-selects-kenshoo-local-to-manage-paid-search-campaigns/</link>
		<comments>http://www.bitshelf.com/publicis-webformance-selects-kenshoo-local-to-manage-paid-search-campaigns/#comments</comments>
		<pubDate>Thu, 30 Jun 2011 01:02:31 +0000</pubDate>
		<dc:creator>cezanne</dc:creator>
				<category><![CDATA[Local Search]]></category>
		<category><![CDATA[Paid Search Advertising]]></category>
		<category><![CDATA[SEM Solutions]]></category>

		<guid isPermaLink="false">http://www.bitshelf.com/?p=69</guid>
		<description><![CDATA[<a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo-300x66.jpg" alt="" title="Kenshoo logo" width="300" height="66" class="alignright size-medium wp-image-29" /></a>Publicis Webformance selects Kenshoo Local to manage Paid Search campaigns. Publicis Webformance will use Kenshoo Local solution to create and optimize paid search campaigns across its diverse client base in France.

Kenshoo Local was built specifically for companies managing large volumes of small/medium enterprises (SME), stores, dealers, franchises, or individual locations.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo-300x66.jpg" alt="" title="Kenshoo logo" width="300" height="66" class="alignright size-medium wp-image-29" /></a>Kenshoo, a global leader in digital marketing software announced that Publicis Webformance, a leading provider of web development and Internet Marketing services for the small and medium-sized business community, will use Kenshoo Local solution to create and optimize paid search campaigns across its diverse client base in France.</p>
<p>&#8220;Kenshoo Local is exactly what we need to serve our clients more efficiently and grow our paid search offering,&#8221; said Maxime Baffert, Directeur Général at Publicis Webformance. &#8220;Kenshoo Local&#8217;s automated technology solutions will help our team get campaigns up faster and the advanced algorithms will help us meet each client&#8217;s specific goals. Without Kenshoo Local, we would not be able to scale our business as effectively.&#8221;</p>
<p>Kenshoo Local was built specifically for companies managing large volumes of small/medium enterprises (SME), stores, dealers, franchises, or individual locations. Built upon the Kenshoo Enterprise platform used by eight of the top ten global agency networks, Kenshoo Local is the first to offer capabilities that simplify account creation and enable mass management of hundreds or thousands of geo-targeted campaigns so that Publicis Webformance can manage more clients effectively and profitably.</p>
<p>Publicis Webformance will take advantage of the Kenshoo Local&#8217;s objective management and budget management solutions to manage and optimize the campaigns of its clients, providing them with the highest standard of quality.</p>
<p>&#8220;We&#8217;re very excited about the partnership with Publicis Webformance,&#8221; said Sivan Metzger, General Manager at Kenshoo Local. &#8220;More and more, the SME market is turning to the Internet as a growth channel and Publicis Webformance has carved out a very strong position and turnkey solution. Armed with Kenshoo Local, the Publicis Webformance team will be able to do more for its clients in less time.&#8221;</p>
<p><strong>About Kenshoo</strong><br />
Kenshoo is a digital marketing software company that engineers technology solutions for online advertising. Kenshoo&#8217;s global platform delivers the control, automation and results needed to make better investments across search, social, and display campaigns. Advertisers, agencies and marketing providers use Kenshoo EnterpriseTM, Kenshoo SocialTM, and Kenshoo LocalTM to direct more than $15 billion in annual sales revenue. Kenshoo powers five of the top ten retailers in the world and eight of the ten largest ad agency networks. With campaigns running in more than 100 countries, Kenshoo customers include Barnes &#038; Noble, CareerBuilder, Facebook, Havas Digital, Hitwise, iREP, John Lewis, LendingTree, Omnicom Media Group, Sears, Starcom MediaVest Group, Travelocity, Walgreens, and Zappos. Kenshoo has ten international offices and is backed by Sequoia Capital and Arts Alliance. Please visit www.Kenshoo.com for more information.</p>
<p><strong>About Publicis Webformance</strong><br />
Publicis Webformance&#8217;s mission is to bring the best of digital communication to SMBs and professionals. Based in Lyon, it provides website creation services and paid search campaign management for its clients. Publicis Webformance is a subsidiary of Publicis Groupe, the 3rd largest communication company worldwide and leader in digital communication.</p>
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		<title>Yodle acquisition of ProfitFuel ushers new independent local search engine marketing provider</title>
		<link>http://www.bitshelf.com/yodle-acquisition-of-profitfuel-ushers-new-independent-local-search-engine-marketing-provider/</link>
		<comments>http://www.bitshelf.com/yodle-acquisition-of-profitfuel-ushers-new-independent-local-search-engine-marketing-provider/#comments</comments>
		<pubDate>Tue, 24 May 2011 16:22:11 +0000</pubDate>
		<dc:creator>cezanne</dc:creator>
				<category><![CDATA[Acquisitions]]></category>
		<category><![CDATA[Local Search]]></category>
		<category><![CDATA[Paid Search Advertising]]></category>
		<category><![CDATA[Search Engine Optimization]]></category>
		<category><![CDATA[SEM Solutions]]></category>
		<category><![CDATA[Paid Search Marketing]]></category>

		<guid isPermaLink="false">http://www.bitshelf.com/?p=62</guid>
		<description><![CDATA[<a href="http://www.bitshelf.com/wp-content/uploads/2011/05/yodle_RGB.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/05/yodle_RGB.jpg" alt="" title="yodle_RGB" width="220" height="73" class="alignleft size-full wp-image-63" /></a>Yodle acquires ProfitFuel, creating the largest independent provider of local search engine marketing in the U.S. Yodle now boasts 21,000 clients and a full suite of local online marketing products. Outrank, the company’s main service, is designed to generate inbound phone calls and emails cost effectively by delivering prominent rankings on top search engines for clients.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bitshelf.com/wp-content/uploads/2011/05/yodle_RGB.jpg"><img class="alignleft size-full wp-image-63" title="yodle_RGB" src="http://www.bitshelf.com/wp-content/uploads/2011/05/yodle_RGB.jpg" alt="" width="220" height="73" /></a>Great news for <strong>ProfitFuel</strong> but I have to say that I&#8217;m skeptical of Yodle&#8217;s long term viability as a business&#8211;I&#8217;ll give them two more years before they go bust or some silly rather large company acquires them. Caveat though, they can improve if they are focused on the right things. Those right things are customer satisfaction, building endemic traffic, improved client service (shift from aggressive sales to business development), improved optimization and technology automation/development which they can do through either acquisitions or builds or both.</p>
<p><strong>Yodle&#8217;s</strong> business (not local search) relies on the lack of knowledge of their customers which are predominantly SMBs. It&#8217;s not to say that they have succeeded in helping many small businesses but my take is that we should employ better solutions and tactics for SMBs as they are the backbone of the US economy. In the long term, a customer centric solution will provide Yodle improved brand satisfaction and higher margins. Also, for god sakes, to Yodle execs please shift commissions from just acquisition (revenue) and tie it to margins which would force a focus on quality, acquisition and retention. Let&#8217;s hope Yodle listens to this bloggers call or has shifted already to be on the customer satisfaction front through quality, innovation, content and technology. By the way, having scoured there NYC offices, and meeting a few folks, I don&#8217;t recall ever meeting true online marketers? Hmmm!</p>
<p>Here are a few relatively old feedback from various folks on the web:</p>
<p><a href="http://www.localseoguide.com/yodle-reachlocal-yext-scams-or-just-hard-to-please-everybody/">Yodle, ReachLocal, Yext – Scams or Just Hard To Please Everybody?</a><br />
<a href="http://lawyerist.com/yodle-marketing-hard-sell/">Lawyerist.com: Yodle Takes the Hard Sell to a New Level</a><br />
<a href="http://http://www.davidpirek.com/blog.aspx?n=Is-Yodle.com-is-a-scam?">DavidPirek.com: Is Yodle a scam?</a></p>
<p>Also a good attempt to improve search reputation by the Yodle which may have been outsourced: <a href="http://www.yodlereviews.com">Yodle Reviews</a>.</p>
<p>Speaking of small businesses, I&#8217;d love to hear from you folks. Have you used Yodle or any other local search provider? What has been your experience? How have they succeeded? How have they not?</p>
<p>&nbsp;</p>
<p><em>Yodle, a leader in local online marketing, announced it has completed a transaction to acquire ProfitFuel, Inc. ProfitFuel, based in Austin, TX, is the largest and fastest growing provider of local search engine optimization (SEO) services to small businesses across the United States. With over 11,000 clients, ProfitFuel has achieved breakout growth serving small businesses that have a moderate marketing budget. Outrank, the company’s main service, is designed to generate inbound phone calls and emails cost effectively by delivering prominent rankings on top search engines for clients.</em></p>
<p><em>“ProfitFuel’s dedication to customer results and sales excellence made it a natural fit with Yodle. I look forward to bringing Yodle’s expanded suite of SEM, SEO, Social and Display marketing products to market more quickly in collaboration with ProfitFuel’s world class team.”</em></p>
<p><em>Historically, Yodle has focused its local online marketing services on small business advertisers that typically spend larger budgets of $1,000+ monthly and national brand advertisers; Franchise, Multi-location, and Manufacturer/Dealer organizations that advertise locally across hundreds of locations. With the acquisition of ProfitFuel, Yodle now adds a product and a sales force capable of serving a much broader set of clients who have smaller marketing budgets, but who still want the accountability of measuring their marketing performance.</em></p>
<p><em>“With ProfitFuel, Yodle is doubling down on its approach of providing a clear ROI to the local advertiser, delivered through a combined 450 person sales and client service team,” said Yodle CEO Court Cunningham. “ProfitFuel’s dedication to customer results and sales excellence made it a natural fit with Yodle. I look forward to bringing Yodle’s expanded suite of SEM, SEO, Social and Display marketing products to market more quickly in collaboration with ProfitFuel’s world class team.”</em></p>
<p><em>David Rubin, previously CEO of ProfitFuel, will join Yodle as SVP of Sales. Mr. Rubin has a proven 20 year track record as a successful CEO and sales leader in the technology space. Prior to ProfitFuel, Mr. Rubin was founder and CEO of HomeCity, an online real estate brokerage that pioneered utilizing web-based content to acquire clients. Before founding HomeCity, David held leadership positions at various companies including Intraware as Vice President of New Services Development, BITSource as founder and CEO and Computize as National Sales Director.</em></p>
<p><em>“We felt Yodle was the perfect choice to maximize our future potential for our clients, employees and shareholders,” said Mr. Rubin. “We spoke to many companies in the industry and felt that Yodle offered the best set of products, highest caliber talent and the most comprehensive vision to outperform the competition and transform this industry for many years to come.”</em></p>
<p><em>Founded in 2000, ProfitFuel has 220 employees and is consistently recognized as one of the best places to work by multiple sources, including Austin Business Journal and Texas Monthly. Yodle will now boast a 300-person sales force and many more talented staffers across marketing operations, client services and corporate departments.</em></p>
<p><em>Yodle plans to grow ProfitFuel’s Austin, TX office, making it a major hub, and to fully integrate the company’s infrastructure and technology by year’s end.</em></p>
<p><em><strong>About Yodle</strong><br />
Yodle, a leader in local online marketing and named #35 on the INC 500 List of fastest growing private companies in the U.S., connects thousands of local businesses with consumers in a process so simple and cost-effective that business owners can’t imagine any other way to advertise. Yodle has developed an integrated approach to signing up and serving local businesses that are transitioning their marketing budgets online. Yodle is headquartered in New York, NY.</em></p>
<p>Source: <a href="http://www.yodle.com">Yodle</a></p>
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		<title>Ad Age ranks Covario among nation&#8217;s largest search marketing agencies</title>
		<link>http://www.bitshelf.com/ad-age-ranks-covario-among-nations-largest-search-marketing-agencies/</link>
		<comments>http://www.bitshelf.com/ad-age-ranks-covario-among-nations-largest-search-marketing-agencies/#comments</comments>
		<pubDate>Sat, 30 Apr 2011 19:12:48 +0000</pubDate>
		<dc:creator>cezanne</dc:creator>
				<category><![CDATA[Paid Search Advertising]]></category>
		<category><![CDATA[SEM Solutions]]></category>
		<category><![CDATA[Business Statistics]]></category>

		<guid isPermaLink="false">http://www.bitshelf.com/?p=52</guid>
		<description><![CDATA[<a href="http://www.bitshelf.com/wp-content/uploads/2011/04/covario-logo.png"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/covario-logo.png" alt="" title="covario-logo" width="247" height="42" class="alignleft size-full wp-image-53" /></a>Ad Age ranks Covario among nation's largest search marketing agencies. Covario's U.S. search revenues grew by 37.7 percent in 2010 -- the highest growth rate among the top 20 search agencies in the ranking. The San Diego-based firm reported search revenue in terms of net revenue only, exclusive of paid search media fees and Web development work.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bitshelf.com/wp-content/uploads/2011/04/covario-logo.png"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/covario-logo.png" alt="" title="covario-logo" width="247" height="42" class="alignleft size-full wp-image-53" /></a>Covario, Inc. (formerly SEM Director), one of the nation&#8217;s largest independent providers of search marketing software solutions and agency services for both SEO (search engine optimization) and paid search marketing, moved up two notches from No. 22 to No. 20 in the recently released Advertising Age magazine ranking of the Top U.S. Search Marketing Agencies.</p>
<p>Covario&#8217;s U.S. search revenues grew by 37.7 percent in 2010 &#8212; the highest growth rate among the top 20 search agencies in the ranking. The San Diego-based firm reported search revenue in terms of net revenue only, exclusive of paid search media fees and Web development work.</p>
<p>&#8220;As impressive as our U.S. growth was in 2010, international search marketing now represents more than 40 percent of our business and is growing at a faster rate than domestic campaigns,&#8221; said Russ Mann, Covario&#8217;s chief executive. &#8220;With our global revenue included we would have ranked even higher.&#8221; Covario was one of only five search marketing agencies to improve upon its position in the ranking from the previous year when the firm made its first appearance on the annual Ad Age list.</p>
<p>Founded in 2006, Covario was also featured for the first time in the 2011 Forrester Research Wave of U.S. Search Marketing Agencies, along with eight other firms from among some 100 agencies considered. In Forrester&#8217;s summary of the report, Covario was noted as &#8220;best for SEO (search engine optimization).&#8221; Last year, Covario made the INC. 500 list of the nation&#8217;s fastest-growing privately-held companies for the second year in a row, as well as the Software 500 list of largest U.S. software firms. The search marketing firm has also won numerous awards &#8212; together with its clients &#8212; for both SEO and PPC (pay per click) programs, including two first place MediaPost OMMA Awards for paid search campaigns and an IAB MIXX Gold Award for &#8220;the best search campaign.&#8221; The company has nearly 130 employees worldwide who support about 100 clients, representing more than 1,000 brands and websites. In addition to paid and organic search marketing software and services, the firm provides its global enterprise clients with display advertising support, social media marketing, and cross-media attribution analysis.</p>
<p>About Covario™ Covario, Inc. is among the nation&#8217;s largest independent SEM (search engine marketing) and SEO (search engine optimization) solutions providers, offering software and agency services for paid and organic search management. Covario provides large global organizations with robust solutions for paid search advertising, organic search (SEO), social media and display advertising. Covario enables complex and distributed organizations to control their brand integrity; ensure budget transparency; and deliver quantifiable results across business units, distribution channels and languages. Headquartered in San Diego, the company&#8217;s growing customer base includes some of the world&#8217;s best known brands in technology, retail, ecommerce, financial services, consumer electronics, media, entertainment, publishing and consumer packaged goods. More information about Covario is available by calling 858.397.1500 or visiting online at http://www.covario.com.</p>
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		<title>Kenshoo rolls out global Cloudvertizing search advertising platform</title>
		<link>http://www.bitshelf.com/kenshoo-rolls-out-global-cloudvertizing-search-advertising-platform/</link>
		<comments>http://www.bitshelf.com/kenshoo-rolls-out-global-cloudvertizing-search-advertising-platform/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 13:09:26 +0000</pubDate>
		<dc:creator>cezanne</dc:creator>
				<category><![CDATA[Paid Search Advertising]]></category>
		<category><![CDATA[SEM Solutions]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Kenshoo]]></category>
		<category><![CDATA[Paid]]></category>

		<guid isPermaLink="false">http://www.bitshelf.com/?p=28</guid>
		<description><![CDATA[<a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo-300x66.jpg" alt="" title="Kenshoo logo" width="300" height="66" class="alignleft size-medium wp-image-29" /></a>Kenshoo rolls out global Cloudvertizing search advertising platform. Latest innovation literally expands Kenshoo digital marketing software to the cloud. Designed to help marketers reach for the sky, Kenshoo Cloudvertizing enables true geographic targeting by going beyond physical locations and into physical sciences.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Kenshoo-logo-300x66.jpg" alt="" title="Kenshoo logo" width="300" height="66" class="alignleft size-medium wp-image-29" /></a>Kenshoo a global search marketing and online advertising technology SaaS provider announced the release of its proprietary cloudvertizing platform.</p>
<p>Designed to help marketers reach for the sky, Kenshoo Cloudvertizing enables true geographic targeting by going beyond physical locations and into physical sciences. With an API feed from the Total Biological Service (Total BS), Kenshoo uses a patent-pending algorithm to provide 24-hour, 3-day and 10-day forecasts. This data can then be modeled out to determine the optimal level of coverage incorporating key metrics like Cloud Travel Route (CTR) and Cumulus Per Cirrus (CPC).</p>
<p>“With more and more computing being conducted in the cloud, it was only natural for Kenshoo to incorporate cloudvertizing into our digital marketing software suite,” said Alon Sheafer, Chief Strategy Officer at Kenshoo.</p>
<p>Kenshoo Cloudvertizing has been in a private beta for select customers in London and San Francisco where cloud density is highest. The precipitation for this innovation was the industry trend towards hyper-local targeting and location-based advertising. Having already been in market for nearly two years with a local solution and achieving much success, Kenshoo seized the opportunity to round out its offering with an atmospheric solution.</p>
<p>Yoav Izhar-Prato, Kenshoo CEO, added, “We look forward to making it rain with cloudvertizing.”</p>
<p><strong>About Kenshoo</strong><br />
Kenshoo is a digital marketing software company that enjoys April Fools gags while engineering technology solutions for search marketing and online advertising. Kenshoo’s global platform delivers the control, automation and results needed to make better investments across search, social and display campaigns. Advertisers, agencies and marketing providers use the Kenshoo EnterpriseTM and Kenshoo LocalTM suites to direct more than $15 billion in online sales revenue. Kenshoo powers eight of the ten largest ad agency networks and five of the top ten retailers. With campaigns running in more than 100 countries, Kenshoo customers include such brands as Barnes &#038; Noble, CareerBuilder, Facebook, Havas Digital, Hitwise, iREP, John Lewis, LendingTree, Omnicom Media Group, Sears, Starcom MediaVest Group, Travelocity, Walgreens, and Zappos. Kenshoo has ten international offices and is backed by Sequoia Capital and Arts Alliance. Please visit www.Kenshoo.com for more information.</p>
<p>Source: <a href="http://www.kenshoo.com">Kenshoo</a></p>
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		<title>Crosslink Capital leads fifth round raising $16mm in funding for Marin Software</title>
		<link>http://www.bitshelf.com/crosslink-capital-leads-fifth-round-raising-16mm-in-funding-for-marin-software/</link>
		<comments>http://www.bitshelf.com/crosslink-capital-leads-fifth-round-raising-16mm-in-funding-for-marin-software/#comments</comments>
		<pubDate>Sat, 09 Apr 2011 18:15:01 +0000</pubDate>
		<dc:creator>cezanne</dc:creator>
				<category><![CDATA[Paid Search Advertising]]></category>
		<category><![CDATA[SEM Solutions]]></category>
		<category><![CDATA[Venture Capital]]></category>

		<guid isPermaLink="false">http://www.bitshelf.com/?p=19</guid>
		<description><![CDATA[<a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Marin-Software-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Marin-Software-logo.jpg" alt="" title="Marin Software-logo" width="565" height="293" class="alignright size-full wp-image-20" /></a>No news on the fact that Marin Software raised $16mm in funding. Sources at Marin have described the recent growth as a positive sign for paid search advertising despite the fact that growth has slowed a bit and focus has shifted to display with all the hullabaloo around attribution modeling, etc.

The good news didn't end there, Marin hit the news media with another whammy, announcing that it now manages more than $2 billion in annual paid search spend through the Marin platform. What do we think? 1.5% of those billings plus a small amount of service related fees, not too shabby. I would have paced the announcements a bit, to be honest.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bitshelf.com/wp-content/uploads/2011/04/Marin-Software-logo.jpg"><img src="http://www.bitshelf.com/wp-content/uploads/2011/04/Marin-Software-logo.jpg" alt="" title="Marin Software-logo" width="565" height="293" class="alignright size-full wp-image-20" /></a>Good news on the fact that Marin Software raised $16mm in funding. Congrats to one of my favorite companies out in the biddable media management space. Sources at Marin have described the recent funding and growth as a positive sign for the company. It&#8217;s also an important indication that paid search advertising is a maturing market despite the fact that spend growth has slowed a bit and focus has shifted to display mainly due to the hullabaloo around ad exchanges, attribution modeling, etc. The bid management solutions industry has moved away from &#8220;bid&#8221; to consider other more practical factors such as quality, workflow, automation, and ease-of-use. This type of trend is typical of a maturing market. The fact is, the variables to success have shifted exponentially towards more of an enterprise based approach that I cringe these days when folks discuss bidding.</p>
<p>The good news didn&#8217;t end there, Marin hit the news media with another whammy, announcing that it now manages more than $2 billion in annual paid search spend through the Marin platform. What do we think? 1.5% of those billings plus a small amount of service related fees, not too shabby. I would have paced the announcements a bit, to be honest.</p>
<p>The funds will be used to focus growth Internationally with plans to open offices in Singapore and Shanghai, and expand into France, Australia and Brazil in 2011. Marin services 800 clients on search campaigns in 160 countries, expanded its service to Facebook last August.</p>
<p>In my opinion, Marin is laying the foundation for two possible scenarios IPO in the next 12 months or possible buy out.</p>
<p>Below is the release along with coverage on Marin.<br />
<em><br />
<strong>Marin Software Secures $16 Million Series E Financing<br />
</strong><br />
Marin Software, provider of the leading online advertising management platform for advertisers and agencies announced it has secured an additional $16 million in Series E financing. Crosslink Capital led the round with participation from Marin&#8217;s existing venture capital investors including Benchmark Capital, DAG Ventures, Focus Ventures and Triangle Peak Partners. The company also announced that Eric Chin, partner at Crosslink Capital, will join the Board of Directors as an observer and that former Shutterfly VP of Finance John Kaelle has joined the executive team as Executive Vice President and Chief Financial Officer.</p>
<p><strong>News Facts:</strong><br />
Marin Software will invest the Series E funding to support the growth of its global customer base which includes many of the world&#8217;s leading advertisers and agencies spanning diverse industries such as: retail, education, financial services, insurance, travel, lead generation, automotive, B2B, and local. Marin Software currently serves 800 clients worldwide and manages 600 million keywords and more than $2 billion in annualized paid search spend for its customers.</p>
<p>As the leading global provider of online advertising management solutions, Marin&#8217;s technology is used to manage search campaigns in 160 countries and 25 currencies. The company will also use the funding to support continued international expansion. Marin Software recently announced its expansion into Asia with new offices in Singapore and Shanghai, and plans to expand into France, Australia, and Brazil in 2011.</p>
<p>In the past year, Marin Software expanded its product offering beyond paid search and now offers advanced applications for managing Facebook ads, as well as Marin Retargeting, a complete workflow, analysis, and optimization solution for advertisers and agencies seeking to manage display retargeting as an integrated part of the online media mix. In addition, Marin recently launched Marin Professional, which offers the power and ease-of-use of the Marin platform for search marketers who spend less than $100,000 per month.</p>
<p>John Kaelle has joined Marin Software as Executive Vice President and CFO. Kaelle joins the company from Shutterfly, where he was Vice President of Finance and Investor Relations. During his tenure at Shutterfly, Kaelle managed company growth from 150 to over 600 employees, revenue growth from $54 million to over $300 million, and a successful IPO in 2006. Prior to Shutterfly, John held executive roles at Thomas Weisel Partners and TriNet Corporate Realty Trust, a publicly traded real estate investment trust. John earned a bachelor&#8217;s degree in economics from the University of Michigan, and holds a master&#8217;s degree in taxation from Golden Gate University and an MBA in finance from the Wharton School at the University of Pennsylvania. </p>
<p><strong>Quotes:<br />
</strong>&#8220;Over the past few years, Marin has delivered tangible business benefits to a growing list of advertisers and agencies through the expansion and development of our enterprise-class advertising management platform,&#8221; said Chris Lien, founder and CEO of Marin Software. &#8220;This latest funding will enable Marin to accelerate our investment on behalf of our customers worldwide as we deliver innovations in product development and client services. Marin is committed to providing our customers with the most powerful and easy-to-use advertising management platform in the world.&#8221;<br />
&#8220;With $2 billion of global search spend under management, Marin Software is a leading innovator in the online advertising industry,&#8221; said Eric Chin, partner, Crosslink Capital. &#8220;We believe the company&#8217;s strong customer momentum, track record of product innovation and global reach position Marin for continued success, and we look forward to working with the Marin team.&#8221;</p>
<p>&#8220;Marin Software is an emerging leader in advertising management software, and it has achieved this position in a relatively short period of time through cutting-edge technology innovation, strong client services, and complex global deployments,&#8221; said John Kaelle, EVP and CFO of Marin Software. &#8220;I look forward to working hand-in-hand with the executive team at Marin to help drive the company&#8217;s financial success in this time of rapid global growth.&#8221;</p>
<p><strong>About Crosslink Capital:</strong><br />
Founded in 1989, Crosslink Capital is a leading stage-independent venture capital and growth equity firm with over $1.5 billion in capital under management. Crosslink was among the first and largest investment firms in the U.S. to integrate public and private technology investing. This strategy allows Crosslink to partner with its portfolio companies on a long-term basis. With more than 20 years behind it, Crosslink Capital has invested in over 90 private equity portfolio companies, including Miller Heiman, Omniture (acquired by Adobe Systems) Pandora, SeaMicro, Twin Creeks Technologies, Virage Logic, and Yipes (acquired by Reliance Communications).</p>
<p><strong>About Marin Software:</strong><br />
Marin Software is a leading provider of online advertising management solutions, offering an integrated platform for managing search, display, and social marketing. The company provides solutions for advertisers and agencies of all sizes, enabling them to improve financial performance, save time, and make better decisions. Marin Enterprise, the company&#8217;s flagship product, addresses the needs of online marketers spending at least $100,000 per month on biddable media. Marin Professional delivers the same power and ease of use as Marin Enterprise, through an application designed for marketers spending less than $100,000 per month on paid search. Headquartered in San Francisco, with offices worldwide, Marin&#8217;s technology powers marketing campaigns for over 800 customers managing more than $2 billion of annualized ad spend in more than 160 countries.</p>
<p>Source: <a href="http://www.marinsoftware.com">Marin Software</a><br />
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