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2012年2月13日星期一

Marin Software Raises $30 Million Funding

SAN FRANCISCO, CA–(Marketwire -02/13/12)- According to eMarketer, by 2015 advertisers will spend $132.1 billion annually for online advertising. Advertisers are increasing their investment in online advertising across multiple channels to drive greater lead generation, customer acquisition, and revenue. This activity is fueling the expanding adoption of Marin Software’s ad management and optimization platform. During the last year, Marin nearly doubled its customer base to 1,500 as well as the amount of annual spend managed on its platform to $3.5 billion. In the wake of Marin’s success, Asia investment company Temasek led a $30 million round of funding along with SAP Ventures. Joining the new investors in this oversubscribed round were existing Marin venture investors Benchmark Capital, Crosslink Capital, DAG Ventures, and Triangle Peak Partners.
Following Marin Software‘s year of rapid international expansion, customer growth, and product innovation, and the closing of the recent financing, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined Marin Software’s Board of Directors.
Marin Software’s Dramatic Growth:
http://tourism9.cm/ http://vkins.com/

Since its inception in 2006, Marin Software has grown into the premier provider of advertising management solutions worldwide. Marin currently serves clients in 160 countries with 25 currencies, increasing its international footprint in the last year with the opening of offices in Singapore, France, Australia, and Germany.
More than 1,500 of the world’s leading advertisers and agencies manage $3.5 billion in annualized online ad spend through Marin Software. Within the last few months, Hotels.com, Brookstone, Coupons Inc., Rosetta, and Reprise Media have selected Marin’s platform to manage their search, display and social advertising campaigns. Longstanding Marin customers include iProspect, Neo@Ogilvy, Razorfish, Macy’s, Experian, and University of Phoenix.
Spurred by increasing demand for its products worldwide, Marin Software hired more than 100 new employees during 2011.

Marin Software Funding:

To date, Marin Software has raised more than $80 million in venture funding. Marin plans to invest this new capital to bolster product development, customer support, and service delivery worldwide.
Temasek is an Asia investment company headquartered in Singapore, with a diversified S$193 billion portfolio as of March 31, 2011, concentrated principally in Singapore, Asia and growth markets. Through its partnership with Temasek, Marin Software will be able to accelerate its growth across Asia and other emerging markets.
With the investment from SAP Ventures, which is affiliated with SAP AG, the market leader in enterprise application software, Marin Software will have the opportunity to leverage the experience and resources of SAP and its extensive ecosystem to help further Marin’s business momentum.

Marin Software Board of Directors:

Attracted by Marin Software’s exceptional growth and industry leadership, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined the Marin Software Board of Directors. Van Veenendaal joined salesforce.com when it had less than $20 million in annual revenue and has since led salesforce.com to its current annual sales run rate of more than $2.3 billion.
van Veenendaal’s extensive experience will prove invaluable as Marin expands its global sales and services programs.
Marin Software’s Board of Directors includes Chris Lien, Founder and CEO of Marin Software; Paul Auvil, CFO at Proofpoint, Inc.; Bruce Dunlevie, General Partner at Benchmark Capital; and Donald Hutchison, advisor and investor.

Quotes:

“I am pleased to welcome Temasek and SAP Ventures as investors in Marin Software,” said Christopher Lien, Founder and CEO of Marin Software. “Temasek brings unrivalled experience and capabilities in Asian and emerging markets, which will benefit Marin’s international development. Support from SAP Ventures and relationships with the SAP global ecosystem will further accelerate Marin’s growth around the world.”
“We are honored to have Frank van Veenendaal join Marin’s Board of Directors, as he has written the global playbook on world-class SaaS sales and services execution during his tenure at salesforce.com,” said Lien. “The entire Marin team looks forward to benefiting from his expertise and counsel as we further develop Marin’s position as the global leader in online advertising management.”
“Marin Software has built incredible momentum in a short amount of time to become a leading provider of ad management solutions, helping advertisers and agencies wring more ROI out of every ad buy,” said Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com. “The traction Marin has gained in the global marketplace reminds me of the early days of salesforce.com, and I look forward to working hand-in-hand with the executive team as the company cements its leadership worldwide.”

Resources:About Marin Software
About Temasek
About SAP Ventures
About Frank van Veenendaal
Follow Marin Software on Twitter
About Temasek:
Incorporated in 1974, Temasek is an Asia investment company headquartered in Singapore. Supported by 12 affiliates and offices in Asia and Latin America, Temasek owns a diversified S$193 billion portfolio as at 31 March 2011, concentrated principally in Singapore, Asia and growth markets. Temasek’s investment themes centre on Transforming Economies, Growing Middle Income Populations, Deepening Comparative Advantages and Emerging Champions. Its portfolio covers a broad spectrum of industries: financial services; transportation & industrials; telecommunications, media & technology; life sciences, consumer & real estate; energy & resources. Total shareholder return for Temasek since its inception in 1974 has been a healthy 17% compounded annually. It has a corporate credit rating of AAA/Aaa from rating agencies Standard & Poor’s and Moody’s respectively. For further information on Temasek, please visit www.temasek.com.sg.
About SAP Ventures:SAP Ventures is an independent investment firm affiliated with SAP AG (NYSE: SAP – News), the global market leader in enterprise application software, and we leverage our relationships with SAP and its global ecosystem for the benefit of portfolio companies. We make growth equity and later-stage investments in market-leading technology companies across North America, Europe, and key emerging markets. Over the last 15 years, SAP Ventures has supported more than 100 companies across five continents. Past investments include Commerce One, Endeca, Greenplum, MySQL, Red Hat, and WebEx. Current portfolio companies include Alfresco, Alteryx, Control4, LinkedIn, Lithium, OnDeck, OpenX, SAVO, Spring Wireless, Tealeaf, Tremor Media, and Zend. For more information on SAP Ventures, please visit www.sapventures.com.
About Marin Software:Marin Software is a leading provider of online advertising management solutions, offering an integrated platform for managing search, social, display, and mobile marketing. The company provides solutions for advertisers and agencies, enabling them to improve financial performance, save time, and make better decisions. Marin Enterprise, the company’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. Headquartered in San Francisco, with offices worldwide, Marin’s technology powers marketing campaigns for over 1,500 customers managing more than $3.5 billion of annualized ad spend in more than 160 countries. For more information, please visit: http://www.marinsoftware.com.
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Marin Software Raises $30 Million Funding

SAN FRANCISCO, CA–(Marketwire -02/13/12)- According to eMarketer, by 2015 advertisers will spend $132.1 billion annually for online advertising. Advertisers are increasing their investment in online advertising across multiple channels to drive greater lead generation, customer acquisition, and revenue. This activity is fueling the expanding adoption of Marin Software’s ad management and optimization platform. During the last year, Marin nearly doubled its customer base to 1,500 as well as the amount of annual spend managed on its platform to $3.5 billion. In the wake of Marin’s success, Asia investment company Temasek led a $30 million round of funding along with SAP Ventures. Joining the new investors in this oversubscribed round were existing Marin venture investors Benchmark Capital, Crosslink Capital, DAG Ventures, and Triangle Peak Partners.
Following Marin Software’s year of rapid international expansion, customer growth, and product innovation, and the closing of the recent financing, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined Marin Software’s Board of Directors.
Marin Software’s Dramatic Growth:
http://tourism9.cm/ http://vkins.com/

Since its inception in 2006, Marin Software has grown into the premier provider of advertising management solutions worldwide. Marin currently serves clients in 160 countries with 25 currencies, increasing its international footprint in the last year with the opening of offices in Singapore, France, Australia, and Germany.
More than 1,500 of the world’s leading advertisers and agencies manage $3.5 billion in annualized online ad spend through Marin Software. Within the last few months, Hotels.com, Brookstone, Coupons Inc., Rosetta, and Reprise Media have selected Marin’s platform to manage their search, display and social advertising campaigns. Longstanding Marin customers include iProspect, Neo@Ogilvy, Razorfish, Macy’s, Experian, and University of Phoenix.
Spurred by increasing demand for its products worldwide, Marin Software hired more than 100 new employees during 2011.

Marin Software Funding:

To date, Marin Software has raised more than $80 million in venture funding. Marin plans to invest this new capital to bolster product development, customer support, and service delivery worldwide.
Temasek is an Asia investment company headquartered in Singapore, with a diversified S$193 billion portfolio as of March 31, 2011, concentrated principally in Singapore, Asia and growth markets. Through its partnership with Temasek, Marin Software will be able to accelerate its growth across Asia and other emerging markets.
With the investment from SAP Ventures, which is affiliated with SAP AG, the market leader in enterprise application software, Marin Software will have the opportunity to leverage the experience and resources of SAP and its extensive ecosystem to help further Marin’s business momentum.

Marin Software Board of Directors:

Attracted by Marin Software’s exceptional growth and industry leadership, Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com, has joined the Marin Software Board of Directors. Van Veenendaal joined salesforce.com when it had less than $20 million in annual revenue and has since led salesforce.com to its current annual sales run rate of more than $2.3 billion.
van Veenendaal’s extensive experience will prove invaluable as Marin expands its global sales and services programs.
Marin Software’s Board of Directors includes Chris Lien, Founder and CEO of Marin Software; Paul Auvil, CFO at Proofpoint, Inc.; Bruce Dunlevie, General Partner at Benchmark Capital; and Donald Hutchison, advisor and investor.

Quotes:

“I am pleased to welcome Temasek and SAP Ventures as investors in Marin Software,” said Christopher Lien, Founder and CEO of Marin Software. “Temasek brings unrivalled experience and capabilities in Asian and emerging markets, which will benefit Marin’s international development. Support from SAP Ventures and relationships with the SAP global ecosystem will further accelerate Marin’s growth around the world.”
“We are honored to have Frank van Veenendaal join Marin’s Board of Directors, as he has written the global playbook on world-class SaaS sales and services execution during his tenure at salesforce.com,” said Lien. “The entire Marin team looks forward to benefiting from his expertise and counsel as we further develop Marin’s position as the global leader in online advertising management.”
“Marin Software has built incredible momentum in a short amount of time to become a leading provider of ad management solutions, helping advertisers and agencies wring more ROI out of every ad buy,” said Frank van Veenendaal, President of Worldwide Sales and Services at salesforce.com. “The traction Marin has gained in the global marketplace reminds me of the early days of salesforce.com, and I look forward to working hand-in-hand with the executive team as the company cements its leadership worldwide.”

2012年1月27日星期五

Update: Adara Media Secures $12.4 M in Financing Led by August Capital

MOUNTAIN VIEW, CA–(Marketwire -01/24/12)- Global precision marketing platform company Adara Media Inc. has secured $12.4 million in funding from venture capital firm August Capital, with participation from returning investors ONSET Ventures, Morgenthaler Ventures, and Baseline Ventures. This financing will fuel increased investment in Adara Media’s award winning TruPrecision Targeting Platform, delivering highly targeted media and ecommerce campaigns based upon specific customer relevance across top travel and hospitality brands. It will also advance Adara Media’s mission to expand its platform into new verticals and invest in sales, marketing and operational resources.
The funding follows exponential spending increases from Adara Media’s clients in 2011. Working with complex customer data sets and valuable audience segments, such as frequent flyers, business and international travelers, Adara Media enables top brand advertisers to connect with a highly desired consumer base via online media channels.
“This new round of funding from an esteemed group of partners represents continued investment in the growth of our business,” says Layton Han, chief executive officer of Adara Media. “Our business has achieved revenue growth every month during 2011 and is now poised to grow more aggressively and efficiently. We’re excited to have the support of August Capital, and the continued backing of our original lead investor ONSET Ventures, and Morgenthaler Ventures, as we invest heavily in our platform development and continue to expand globally.”
Han added that Adara will also use the funding to take the TruPrecision platform into new vertical categories. The company’s growth in 2011 has come from travel, hospitality and closely related verticals. Through Adara Media’s TruPrecision Targeting Platform, brands can reach and activate more than 225 million traveler profiles.
Dave Marquardt and Tripp Jones of August Capital led the investment in Adara Media. “We pride ourselves on investing in companies that show entrepreneurial excellence and technical innovation,” said August Capital co-founder Dave Marquardt. “Adara Media and its management have shown that this platform can bring brands closer to their best customers through the use of technology. We’re excited about Adara’s future as they expand globally and develop into new verticals.”
Adara Media’s industry leadership has been acknowledged through many industry awards including AlwaysOn OnMedia 100, Red Herring North America, and the Mega Awards, hosted by Airline Information. Adara Media has recently established an office in Chicago and announced the promotion of Scott Garner to EVP of business strategy, now responsible for strategic partnerships as well as new product strategy.
About August Capital:
Founded in 1995, August Capital has funded an extraordinary group of entrepreneurs who have built significant, long-term value across the full range of information technologies. These companies represent an aggregate market capitalization of well over $250 billion, generate in excess of $75 billion in annual revenue around the world. This success is a testament to the entrepreneurs themselves, as well as the fundamental technologies they have created. August Capital has invested in more than 80 companies including Adchemy, Atheros, Cobalt Networks, Ebates, Postini, Reputation.com, SayMedia, Seagate Technology, Splunk, Xirrus, and Zulily. The firm’s partners have previously invested in a number of ground breaking technology companies, including Actel, Adaptec, Compaq, Grand Junction, Intuit, Linear Technology, Microsoft, MMC Networks, Skype, Sun Microsystems, Sybase, Symantec, and Visio. August Capital is located in Menlo Park, California. For more information, please visit: www.augustcap.com.
About ONSET Ventures:ONSET Ventures specializes in providing an ideal mix of start-up, follow-on, and intellectual capital to entrepreneurs and early-stage technology ventures, to help transform world-class ideas into sustainable and valuable businesses, through a process of “venture craftsmanship.” The firm has backed over 130 companies since 1984 and now has more than $1 billion under management. ONSET Ventures is located in Menlo Park, California. For more information, please visit: www.onset.com.
About Morgenthaler Ventures:Morgenthaler Ventures is a premier venture capital firm, dedicated to helping entrepreneurs build valuable companies for more than 40 years. Today, the firm has nearly $3 billion under management. Morgenthaler Ventures has invested in approximately 300 companies in the information technology and life science sectors. Representative portfolio companies in the IT space include: Adara Media, Evernote, Lending Club, Practice Fusion, Pageonce, Fundly, SohoOS, Socrata, Rhythm NewMedia, NexTag, Nominum, Voltage Security, JasperSoft and MuleSoft. Morgenthaler Ventures is headquartered in Menlo Park, CA.
About Baseline:As an early stage seed investment firm, Baseline helps founders develop their ideas into companies. Baseline has invested in more than 60 companies since its inception and helped more than 15 companies exit. Baseline is proud to be a seed investor associated with promising companies including Instagram, Twitter, Weebly, Formspring, Heroku (acquired by Saleforce.com), CoTweet (acquired by ExactTarget), GeoAPI (acquired by Twitter), IndexTank (acquired by LinkedIn), Rupture (aquired by EA), Sendori (aquired by Ask.com), Parakey (acquired by Facebook), Versely (acquired by Cisco), Aardvark and DocVerse (both acquired by Google).
About Adara Media:Adara Media offers a loyalty audience platform that enables top brands to monetize and nurture their loyalty program customers online and helps advertisers reach exclusive, qualified audiences. Using proprietary loyalty data, Adara Media enables advertisers to reach real individuals, ensuring authenticity while maintaining complete anonymity. Adara Media’s brand partners then gain ancillary revenue streams and the ability to deepen their relationships with loyalty consumers through targeted offers and consistent communication. Adara Media was founded in 2005 and is headquartered in Mountain View, CA. For more information, please visit http://www.adaramedia.com/.
http://tourism9.com/ http://vkins.com/

Adara Media Secures $12.4 M in Financing Led by August Capital

MOUNTAIN VIEW, CA–(Marketwire -01/24/12)- Global precision marketing platform company Adara Media Inc. has secured $12.4 million in funding from venture capital firm August Capital, with participation from existing investors Morgenthaler Ventures, Onset Ventures, and Baseline Ventures. This financing will fuel increased investment in Adara Media’s award winning TruPrecision Targeting Platform, delivering highly targeted media and ecommerce campaigns based upon specific customer relevance across top travel and hospitality brands. It will also advance Adara Media’s mission to expand its platform into new verticals and invest in sales, marketing and operational resources.
The funding follows exponential spending increases from Adara Media’s clients in 2011. Working with complex customer data sets and valuable audience segments, such as frequent flyers, business and international travelers, Adara Media enables top brand advertisers to connect with a highly desired consumer base via online media channels.
“This new round of funding from an esteemed group of partners represents continued investment in the growth of our business,” says Layton Han, chief executive officer of Adara Media. “Our business has achieved revenue growth every month during 2011 and is now poised to grow more aggressively and efficiently. We’re excited to have the support of August Capital, and the continued backing of our existing investors, as we invest heavily in our platform development and continue to expand globally.”
Han added that Adara will also use the funding to take the TruPrecision platform into new vertical categories. The company’s growth in 2011 has come from travel, hospitality and closely related verticals. Through Adara Media’s TruPrecision Targeting Platform, brands can reach and activate more than 225 million traveler profiles.
Dave Marquardt and Tripp Jones of August Capital led the investment in Adara Media. “We pride ourselves on investing in companies that show entrepreneurial excellence and technical innovation,” said August Capital co-founder Dave Marquardt. “Adara Media and its management have shown that this platform can bring brands closer to their best customers through the use of technology. We’re excited about Adara’s future as they expand globally and develop into new verticals.”
Adara Media’s industry leadership has been acknowledged through many industry awards including AlwaysOn OnMedia 100, Red Herring North America, and the Mega Awards, hosted by Airline Information. Adara Media has recently established an office in Chicago and announced the promotion of Scott Garner to EVP of business strategy, now responsible for strategic partnerships as well as new product strategy.
About August Capital:
Founded in 1995, August Capital has funded an extraordinary group of entrepreneurs who have built significant, long-term value across the full range of information technologies. These companies represent an aggregate market capitalization of well over $250 billion, generate in excess of $75 billion in annual revenue around the world. This success is a testament to the entrepreneurs themselves, as well as the fundamental technologies they have created. August Capital has $1.3 billion under management, and has invested in more than 75 companies including Atheros, Cobalt Networks, Iridigm, Mimosa Systems, Postini, Seagate, Shopping.com, SixApart and Silicon Image. Recent investments range from $500,000 to $130 million in information technology businesses from semiconductors to ecommerce. The firm’s partners have previously invested in a number of ground breaking technology companies, including Actel, Adaptec, Compaq, Grand Junction, Intuit, Linear Technology, Microsoft, MMC Networks, Skype, Sun Microsystems, Sybase, Symantec, and Visio. August Capital is located in Menlo Park, California. For more information, please visit: www.augustcap.com.
About Adara Media:Adara Media offers a loyalty audience platform that enables top brands to monetize and nurture their loyalty program customers online and helps advertisers reach exclusive, qualified audiences. Using proprietary loyalty data, Adara Media enables advertisers to reach real individuals, ensuring authenticity while maintaining complete anonymity. Adara Media’s brand partners then gain ancillary revenue streams and the ability to deepen their relationships with loyalty consumers through targeted offers and consistent communication. Adara Media was founded in 2005 and is headquartered in Mountain View, CA. For more information, please visit http://www.adaramedia.com/.
http://tourism9.com/ http://vkins.com/

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