AdStage, a San Francisco, CA-based ad management platform that allows businesses to manage campaigns across search, social and mobile ad networks from a single interface, raised $6.25m in Series A funding.
Backers included Verizon Ventures, Digital Garage, Newbury Ventures, Freestyle Capital, Chris Noble and Neal Dempsey of Bay Partners.
The company, which had previously raised $2.53m in seed from Freestyle Capital, Digital Garage, Quest VP, Dave McClure of 500 Startups and others, intends to use the new capital to expand the team of 17, with 11 engineers, and further accelerate its growth as it integrates additional major ad networks.
Led by Sahil Jain, CEO and co-founder, AdStage operates The AdStage Platform, a self-serve cross-network online advertising platform with full management and analytics for campaigns across search, social and mobile ad networks like Google AdWords, Bing, Facebook and LinkedIn Ads. It’s an all-in-one marketing platform, complete with a suite of first- and third-party apps built on the AdStage API for advertisers of all sizes.
The company has has just launched its Automated Rules app, which allows advertisers to automate campaign management tasks across campaigns, ad groups, ads and keywords in order to optimize 24 hours a day. The rules handle bidding, day-parting, pausing and enabling and budget changes.
FinSMEs
13/08/2014