TapSense Launches 10 Million Dollar RTB Fund for Mobile Publishers
SAN FRANCISCO, April 9, 2014 /PRNewswire/ -- Today, TapSense, a leading mobile advertising platform, announced the launch of a 10 million dollar investment initiative to fund app publisher adoption of real-time bidding (RTB) technology. Through the RTB Fund, TapSense guarantees mobile publishers will receive the full amount of their floor CPM for all ad auctions that clear. This eliminates fees TapSense normally charges, and provides publishers with 100% of the revenue from all advertising sold.
With TapSense's private mobile RTB marketplace, publishers can access hundreds of demand partners through programmatic selling and increase monetization by 5x or more as buyers compete for inventory. In addition to mediation of ad network demand. They can also set floor CPMs, whitelist demand partners, set black lists, mediate ad networks and filter ad traffic. The TapSense platform operates at massive scale across, with access to 10 billion high quality ad impressions monthly, across 60 of the top 100 mobile publishers.
Ash Kumar, CEO and Founder of TapSense, says "Real-time bidding technology is revolutionizing the entire advertising industry by allowing publishers to sell their inventory in an automated way. This innovative technology is great for publishers, as it reduces overhead and increase competition for inventory. With our RTB Fund, we're providing even more incentive for mobile publishers to make their inventory available through programmatic selling, instead of adding headcount to their sales teams."
Starting today, all publishers who adopt the TapSense RTB Premium App Publisher Solution will be automatically enrolled in the program. The fund will be in operation until the end of the year, or until it is depleted.
To sign up or learn more, visit http://tapsense.com/publishers
TapSense is a leading mobile advertising platform that provides a private RTB (Real Time Bidding) marketplace solution, and has been featured in publications including Forbes, Bloomberg, VentureBeat, GigaOM, CMO.com, MediaPost, Entrepreneur and AdExchanger.
TapSense was founded in 2011 and is based in San Francisco, California. Investors include top Silicon Valley venture firms, Ron Conway's SV Angel and Maynard Webb, a board member of Salesforce and Yahoo.
TapSense is a member of the Mobile Marketing Association.