Automate Ads

Last updated
Automate Ads
Type of business Advertising
Founded2011
Headquarters Palo Alto, California
Founder(s) Andrew Torba (former CEO), Charles Szymanski (former CTO)
Parent AdHawk
URL www.AutomateAds.com at the Wayback Machine (archived March 8, 2016)
Native client(s) on Facebook, Google

Automate Ads (formerly Kuhcoon) was an American advertising technology company that offered products for running and creating advertising campaigns on Google and Facebook. [1] [2] The company was founded in 2011 and was acquired by AdHawk in October 2017.

History

Kuhcoon was co-founded in 2011 by Andrew Torba and Charles Szymanski, who were college roommates at the time, in Scranton, Pennsylvania. [3] [4] [5] In October 2011, Torba became CEO of the company. [6]

In late 2014, Y Combinator invested in Kuhcoon. [4] In February 2015, the company claimed it was working with over 6,000 advertisers in over 90 different countries, [7] said they would soon launch on Google Adwords, and were also planning on launching on Twitter and Pinterest. [7] Kuhcoon also claimed their focus was on serving small and medium-sized advertising businesses rather than serving big businesses. [7] On June 25, 2015, the company renamed itself to Automate Ads. [8] In August 2016, Torba stepped down as CEO of the company. [6] That same month, Torba co-founded Gab, an alt-tech social networking service known for its far-right user base, with Ekrem Büyükkaya. [9]

On October 18, 2017, AdHawk announced that they had acquired Automate Ads for an undisclosed amount. [1] [3] According to a press release from AdHawk, no employees from Automate Ads would join AdHawk in the acquisition, but the "underlying technology" from Automate Ads would still be acquired. [1] [3] AdHawk also agreed to consult CTO Szymanski to help integrate Automate Ads' technology into AdHawk's advertising platform. [1] [3] AdHawk was planning on fully integrating their platform with Automate Ads' platform in the first quarter of 2018. [1] [3] According to The New Republic , prior to the acquisition, Automate Ads "nearly shut down". [10] As of August 2021, AdHawk is part of a network of websites on a "mission to transform the way flooring is bought and sold." [10]

Related Research Articles

Microsoft Advertising is an online advertising platform developed by Microsoft that provides pay per click advertising on the Bing, Yahoo!, and DuckDuckGo search engines, as well as on other websites, mobile apps, and videos. In 2021, Microsoft Advertising surpassed US$10 billion in annual revenue.

<span class="mw-page-title-main">Eric Litman</span> American entrepreneur and angel investor (born 1973)

Eric Austin Litman is an American entrepreneur and angel investor, and currently serves as CEO of the robotics health technology company, aescape, inc. Litman co-founded Proxicom, built Viaduct from a one-man shop through a merger with the Wolf Group, and was the founder and CEO of Medialets, a mobile ad serving and advertising analytics company acquired by WPP plc.

Google Ad Manager is an ad exchange platform introduced by Google on June 27, 2018. It combines the features of two former services from Google's DoubleClick subsidiary, DoubleClick for Publishers and DoubleClick Ad Exchange (AdX). Google Ad Manager initially used a second-price auction format, before announcing that it would be replaced with a first-price auction format in March 2019. Google Ad Manager is the free version of this online ad management software and it is recommended for small businesses. Google Ad Manager 360 is the paid version. Google Ad Manager does not require a minimum amount of impressions on individual active ads, but it does have a limit of 200 million impressions per month. Google Ad Manager manages inventory for advertisers, publishers and ad servers. Advertisers are able to manage their inventory of ad creative, publishers are able to manage their ad space inventory, and ad servers can use the platform to determine which ad to serve and where to serve it. Additionally, Google Ad Manager can use data collected from ad performance and ad space performance to make suggested optimizations to the user. These optimizations suggest what the user could change to better reach the goals they have set for a particular campaign.

<span class="mw-page-title-main">Tim Armstrong (executive)</span> American businessman

Timothy M. Armstrong is an American business executive. He was formerly the CEO of Oath Inc., then a subsidiary of Verizon Communications that served as the umbrella company of its digital content subdivisions, including AOL and Yahoo!. Previously, he was the CEO of AOL Inc. from 2009 until its purchase by Verizon in 2015.

InMobi is an Indian multinational mobile advertising technology company, based in Bengaluru. Its mobile-first platform allows brands, developers and publishers to engage consumers through contextual mobile advertising.

<span class="mw-page-title-main">Pinterest</span> American photo sharing and saving website

Pinterest is an American image sharing and social media service designed to enable saving and discovery of information on the internet using images, and on a smaller scale, animated GIFs and videos, in the form of pinboards. The site was created by Ben Silbermann, Paul Sciarra, and Evan Sharp, and had 450 million global monthly active users as of December 2022. It is operated by Pinterest, Inc., based in San Francisco.

<span class="mw-page-title-main">Outbrain</span> Web advertising platform

Outbrain is a web recommendation platform founded in 2006 by Co-Founder and Co-CEO Yaron Galai and Co-Founder, Chief Technology Officer and General Manager, Ori Lahav. The company is headquartered in New York City. The company generates revenue for online publishers by displaying feeds of content and ads, or boxes of links, known as chumboxes, to pages within a website or mobile platform. Advertisers pay Outbrain on a pay-per-click basis and a portion of that revenue is shared with publishers.

Demandbase is an account-based marketing (ABM), advertising, sales intelligence and data company. Its products provide business-to-business (B2B) companies sales and marketing support that helps users discover, manage, and measure target audiences. This includes identifying web visitors, targeting and engaging accounts, closing deals, and helping to grow customers. Demandbase One, the company’s suite of cloud products, provides account-based marketing (ABM) and ABX, B2B advertising, sales intelligence, and data capabilities. These products integrate into other advertising, marketing, and sales technologies including marketing automation, customer relationship management, web analytics, content and personalization, and other services.

Namo Media was a technology startup providing in-stream advertisements for mobile applications. It was acquired by Twitter in June 2014 for between $50M and $100M.

Oracle Advertising, formerly Datalogix, is a cloud-based consumer data collection, activation, and measurement platform for use by digital advertisers. Datalogix was a consumer data collection company based in Westminster, Colorado that provided offline consumer spending data to marketers. In December 2014, Oracle signed an agreement to acquire Datalogix. After the acquisition, Datalogix's name changed to Oracle Data Cloud, which later became Oracle Advertising. Oracle Advertising is part of the Oracle Advertising and Customer Experience (CX) application suite.

<span class="mw-page-title-main">4INFO</span>

4INFO is an American corporation that measures and tracks media audiences for the targeting of audiences. The company also displays targeted advertisements on mobile devices. The company is currently owned by Nielsen Holdings.

Chartboost is a San Francisco-based mobile game in-app programmatic advertising and monetization platform. Chartboost SDK enables developers to monetize on their mobile apps and connect advertisers to global in-app inventory. Chartboost's platform allows video game developers to create customized interstitial and video ads to promote new games. Developers have direct access to game data derived from Chartboost-enabled games. As of 2016, Chartboost had been integrated into more than 300,000 games with 40 billion game sessions per month.

TubeMogul is an enterprise software company for brand advertising.

Oracle BlueKai Data Management Platform, formerly BlueKai, is a cloud-based data management platform which is a part of Oracle Marketing that enables companies to personalize online, offline, and mobile marketing campaigns. BlueKai was created in 2008 by Omar Tawakol, Alexander Hooshmand, and Grant Ries, as a marketing tech start-up based in Cupertino, California. It was acquired by Oracle on February 24, 2014, for approximately $400 million.

Innovid is an online advertising technology company that offers services used by advertisers and publishers for the distribution and management of digital ads. Originally launched as a video marketing platform, the company expanded its offering to include display and digital out-of-home when Herolens was acquired in 2019.

<span class="mw-page-title-main">Gab (social network)</span> Alt-tech social media service

Gab is an American alt-tech microblogging and social networking service known for its far-right userbase. Widely described as a haven for neo-Nazis, racists, white supremacists, white nationalists, antisemites, the alt-right, supporters of Donald Trump, conservatives, right-libertarians, and believers in conspiracy theories such as QAnon, Gab has attracted users and groups who have been banned from other social media platforms and users seeking alternatives to mainstream social media platforms. Founded in 2016 and launched publicly in May 2017, Gab claims to promote free speech, individual liberty, the "free flow of information online", and Christian values. Researchers and journalists have characterized these assertions as an obfuscation of its extremist ecosystem. Antisemitism is prominent in the site's content and the company itself has engaged in antisemitic commentary. Gab CEO Andrew Torba has promoted the white genocide conspiracy theory. Gab is based in Pennsylvania.

Taboola is a public advertising company headquartered in New York City. The CEO of Taboola is Adam Singolda, who founded the company in 2007. It provides advertisements such as "Around the Web" and "Recommended For You" boxes at the bottom of many online news articles. These sponsored links on publishers' websites send readers to the websites of advertisers and other partners. These online thumbnail grid ads are also known as chumbox ads.

Antonio García Martínez, also known by his initials AGM, is a New York Times best-selling author and tech entrepreneur. He is a former product manager for Facebook, the CEO-founder of AdGrok, and a former quantitative analyst for Goldman Sachs.

References

  1. 1 2 3 4 5 Ha, Anthony (2017-10-18). "AdHawk acquires Automate Ads to improve Google and Facebook ad campaigns". TechCrunch . Archived from the original on 2017-10-18. Retrieved 2020-12-27.
  2. "Automate Ads Launches Automation Tasks To Put Digital Advertising On Autopilot". PR Newswire . 2015-09-10. Archived from the original on 2015-10-22. Retrieved 2020-12-27.
  3. 1 2 3 4 5 Sullivan, Laurie (2017-10-19). "AdHawk Acquires Automate Ads, Without The Negative Vibes". Media Post. Archived from the original on 2019-05-14. Retrieved 2020-12-27.
  4. 1 2 Dickson, Caitlin; Wilson, Christopher (2018-10-30). "Who Is Gab Founder Andrew Torba?". HuffPost . Archived from the original on 2021-01-31. Retrieved 2020-12-27.
  5. Lee, Micah (2021-03-03). "Donald Trump's Gab Account Uses an Email Address Belonging to the Extremist Platform's CEO". The Intercept . Archived from the original on 2021-03-09. Retrieved 2021-03-11.
  6. 1 2 "Gab". StartEngine. Archived from the original on 2020-11-30. Retrieved 2020-12-27.
  7. 1 2 3 Ha, Anthony (2015-02-19). "YC-Backed Kuhcoon Promises To Automate Facebook Ad Campaigns For Small Businesses". TechCrunch. Archived from the original on 2016-05-26. Retrieved 2020-12-27.
  8. "Automate Ads". OpenCorporates . Archived from the original on 2021-02-08. Retrieved 2020-12-27.
  9. Wolverton, Troy (October 27, 2018). "The suspected Pittsburgh shooter allegedly had a following on a social network that many call the far-right's alternative to Twitter — here's everything we know about Gab". Business Insider . Archived from the original on August 28, 2020. Retrieved August 15, 2020.
  10. 1 2 Silverman, Jacob (2021-08-23). "The CEO Trying to Build a White, Christian, Secessionist Tech Industry". The New Republic . ISSN   0028-6583 . Retrieved 2021-08-25.