Nexage Exceeds 8 Billion Impressions per Month
Rapid Growth of the Nexage Revenue Platform Signals the Shift to a Fully Liquid Market
BOSTON – August 10, 2011 – Nexage, the leading mobile advertising real-time bidding (RTB) exchange provider, today announced that it is now managing a rate of over 8 billion impressions per month on its Nexage Revenue Platform. This represents a 50 percent growth rate over a three-month period from May through July 2011. The rapid growth rate in mobile ad impressions signals a key step forward in creating a liquid market that benefits buyers and sellers alike.
This milestone is driven from both existing and new customers, with publishers and developers allocating more of their impressions to Nexage, in order to accelerate revenue performance.
A key part of the volume growth is also driven from technical performance. The Nexage Revenue Platform provides a seamless and integrated RTB and mediation capability to give publishers and developers simplicity and flexibility. Additionally, the platform includes a set of powerful capabilities, such as a lightweight, consolidated SDK, rich media and video ads to drive eCPM, dynamic optimization to intelligently maximize revenue, and an intuitive analytic and reporting capability to enable publishers and developers to control and guide their mobile advertising business.
“We are extremely proud of the accelerated growth we have achieved, with both buyers and sellers increasingly selecting Nexage as their mobile advertising partner—especially as mobile advertising becomes a strategic imperative to their businesses,” said Ernie Cormier, CEO and president of Nexage. “The growth affirms the confidence that the market has in RTB-based platforms to drive revenue performance and advertising ROI.”
With its RTB-led platform, Nexage is building an efficient, liquid, and vibrant mobile advertising market that benefits both buyers and sellers by maximizing revenues and advertising ROI.About NEXAGE, Inc.
Nexage is the leading premium mobile advertising exchange, connecting over 300 publishers and developers with over 200 demand sources to create the most efficient, liquid, and vibrant programmatic market in mobile advertising today. The Nexage Exchange is the most advanced technology platform in mobile advertising, giving our customers the most intelligent and flexible exchange in the market to allow them to seize on the extraordinary value of programmatic. Nexage Connect leverages that technology, integrating and delivering first- and third-party data to provide rich and precise targeting for buyers, and to enhance the value of our publishers’ audience. Nexage serves customers on a worldwide basis with offices in Boston, New York, and San Francisco. Come visit us at www.nexage.com or follow us on Twitter @Nexage.
TinyTube operates a network of leading mobile web video destinations, reformatting online video content for mobile devices. It boasts over 100M minutes of video streamed and 38M+ monthly impressions. Although TinyTube had an enviable 95% fill rate, it needed to drive more advertising revenue from its mobile properties.
TinyTube selected Nexage to optimize its inventory while maintaining a high fill rate. The Nexage Exchange works to increase mobile advertising revenue in two ways: acting as a single integration point for 150+ ad sources and leveraging the highest yielding ad source to fill a site’s ad request, increasing both inventory CPM and fill rate. In addition, by partnering with Nexage, TinyTube gained access to a single reporting dashboard with in-depth reports on revenue, eCPM, fill rate, and click rate.