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.