News item
Social Ad Platform LocalResponse Raises $1.5M From Cava Capital, Verizon And Others
New York-based Local Response, which has run campaigns for Coca-Cola, General Motors, and Walgreens, is a social advertising platform that allows companies to respond to the social signals and check-ins with marketing and ad campaigns.
The network sells to national brands and agencies, and helps retarget social signals across mobile/tablet/desktop display ads.
As of last summer, LocalResponse was seeing 7 Billion impressions per month. And the company is now working with 125 advertisers.
We’re told that the startup is almost at profitability, and the company is now on a $10 million annual run rate. Founder Nihal Mehta hopes to triple that by the end of the year.
May 5, 2013 - The New York Times. Whitney Tingle, a New York entrepreneur, once had the common fantasy of ditching the 9-to-5 world, starting her own business and working in the serenity of her home. It did not quite work out as planned. A year...
Read MoreMay 10, 2013 - The Suit Magazine. Non comformist entrepreneurs are blessed with unique traits. They can take an idea and convert that idea into a money making concept. But no matter how creative, enthusiastic and adventurous, most entrepreneurs need help...
Read MoreMay 6, 2013 - Business Wire. Precision Health Media, the leading source for digital health media with 61 million users a month (comScore) and Spongecell, a leader in interactive advertising solutions, have partnered to give pharma brands unparalleled...
Read More