YieldKit Raises $750K in Series A Funding
In November 2012, YieldKit, a Hamburg, Germany-based provider of a solution that turns links into affiliate links allowing publishers to monetize their content, raised $750k in Series A funding.
Backers included Tim Schumacher and HackFwd.
The company is using the funding to further expand and hire new people (http://yieldkit.com/team).
Founded in 2010 by CEO Oliver Krohne, YieldKit automatically generates affiliate links out of keywords such as product names, names of shops or brands.
Publishers don’t go through the process of signing up to every affiliate program individually and can earn a commission with every purchase, or generation of a lead.
YieldKit hosts links from more than 10,000 affiliate programs.