BERLIN, SAN FRANCISCO, BEIJING, SAO PAULO, TEL AVIV and SINGAPORE, Sept. 13, 2016 /PRNewswire/ -- Glispa Global Group, the mobile ad tech pioneer, announces the acquisition of Avocarrot, to further bolster its native advertising monetization business for app developers. Based in San Francisco and Athens, Avocarrot is a high-growth native advertising Supply-Side Platform (SSP) leveraging programmatic advertising and Real-Time-Bidding (RTB) technologies to help automate the buying and selling of mobile advertising.
For more information about Glispa Global Group, Avocarrot and the acquisition: www.glispa.com
Complements Both Glispa's User Acquisition and Monetization Business
The acquisition benefits Glispa's advertisers (demand-partners), as it immediately offers an additional channel for a programmatic marketplace. The combination of assets strongly complements Glispa's native advertising monetization focus (for app developers). Avocarrot will integrate with Glispa's Ampiri Mediation platform to seamlessly monetize app inventory via both programmatic and non-programmatic allocation in a single platform.
Avocarrot, combined with Glispa's Ampiri native advertising monetization platform, bring:
- A leading RTB exchange that allows media buyers, trading desks and Demand Side Partners (DSPs) to buy native ad inventory via programmatic direct, private marketplace and open auctions
- More than 50 leading DSPs and leading ad networks together globally, with the widest possible reach to native programmatic demand
- An ad server that app developers and publishers can use to launch direct advertising campaigns or cross promotions of their own products
- Four Avocarrot technical founders, including Conno Christou, Georgios Makkoulis, Giorgos Eracleous, Panagiotis Papageorgiou as well as 14 additional engineers with a demonstrated expertise in programmatic native advertising in ad tech to join the Ampiri team of engineers and data scientists.
"Avocarrot brings immediate value to Glispa Global Group and together we're offering one of the top independent, native advertising solutions on the market today. With two acquisitions this year and the launch of the Ampiri native ad mediation platform we're solidly positioned to drive monetization for app developers and help them reach their full revenue potential," said Gary Lin Founder and CEO of Glispa Global Group.
Avocarrot's programmatic exchange will soon integrate with Ampiri with a single user interface, a single SDK, and a combined integration of ad-networks and DSPs, all on the same platform. Integration with the Glispa Audience Platform will provide valuable user insights for profiling for increasing revenue.
"Together Glispa and Avocarrot have a distinct competitive advantage offering massive global scale for truly independent native advertising traffic," said Freddy Friedman, Chief Product Officer of Glispa Global Group. "Most mobile monetization companies focus either on programmatic advertising or on ad mediation and we've now strategically combined both in the most seamless way."
"This is a key time in ad tech for a powerful player to cut through the noise in the app economy. Glispa's strong advertising footprint across 187 countries and our leading technology in programmatic native monetization provides tremendous value for our existing and future app partners. We couldn't be more excited to join forces with Glispa," said Avocarrot co-founder Conno Christou.
Avocarrot is a programmatic SSP and Ad Exchange focused on in-app native advertising. The company is focused on building highly automated self-serve tools which have enabled thousands of publishers to monetize more effectively. Big apps like Reddit is Fun and ZapZap Messenger from big markets like US and Brazil, to smaller indie ones like PeruCholly in Peru use this technology in their core monetization strategy.
About Glispa Global Group
Glispa Global Group is a mobile marketing ad tech company empowering clients to activate global audiences and move markets. Providing a full suite of technology-based services, Glispa partners with global advertisers, app developers and publishers, enabling them to reach their user acquisition and monetization goals.
Our Glispa Performance Network helps advertisers drive mobile engagement to acquire high quality users, cost-effectively at scale.
With our ad mediation platform, Ampiri, app developers gain full transparency and control over their entire mobile app inventory to maximize revenue potential, working with the largest global publishers and app developers.
Our recently-launched social influencer network VOLTU connects advertisers with thousands of influencers worldwide in order to drive app installs, brand awareness and lifetime value.
Headquartered in Berlin with offices in Beijing, Bangalore, San Francisco, Tel Aviv, Singapore and Sao Paulo, Glispa employs a multinational team representing 45 nationalities speaking 32 languages. To get started with Glispa, connect with us: http://www.glispa.com.
PRecious: Soraya Rosadha
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/glispa-acquires-avocarrot-programmatic-native-advertising-exchange-300326938.html
SOURCE Glispa Global Group