Latest Boost Media $19m in funding led by Battery Ventures. Other participating investors include Javelin Venture Partners, Pinnacle Ventures, Webb Investment Network and individual investors. Battery General Partner Roger Lee has also joined Boost Media’s board of directors.
To date, the company’s technology has powered $1 billion in paid search ads for 100 premium global brands across the retail, education, financial, healthcare and insurance, casual gaming, auto and travel verticals.
Online advertising revenues hit $7.3 billion in Q1 of 2011. Highest first-quarter revenue level on record according to new IAB and PwC study. Clearly, the 23% year-over-year increase validates the growing importance of digital marketing & advertising. This marks the highest first-quarter revenue level ever for the industry and a significant increase over last year’s first-quarter revenue level, which had been the highest on record to date.
iPromote goes local with Local Demand Side Platform (LDSP). The iPromote Local DSP gives small-business advertisers access to premium websites where they can reach their customers locally.
AdSafe Media debuts performance and profit analytics platform developed in conjunction with leading agencies and brands. New online advertising platform claims to deliver real-time campaign analysis to enable marketers to have greater management and control of their online spending and optimize performance.
According to a new report from appssavvy, Social activity advertising rivals ppc and dominates display. appssavvy Social Activity Index finds any advertising integrated with social media activities is one of the most effective forms of digital marketing.