Tag Archives: Adknowledge
Adknowledge Raises $200 Million In Debt and Equity Financing
Adknowledge is an advertising network that has raised $200 million in debt and equity financing. Adknowledge is planning to acquire other ad companies with the additional cash. Adknowledge acquired eight companies so far in the last 3 years. JMI Equity led the equity investment and Bank of America handled the debt financing. Adknowledge made $300 million in revenues in 2010. The company is now focusing on placing ads in social networks, casual gaming, e-mail, mobile devices, and on “domain inventory.”
Categories Adknowledge, Bank of America, JMI Equity
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Adonomics Acquired By Adknowledge
Adknowledge, a Kansas City, Missouri online advertising company backed with about $48 million in funding has acquired Adonomics. Earlier this year, I wrote that Adonomics was given an uncertain future after Facebook started focusing on monthly active users rather than daily. It turns out that the changes that Facebook made did not hinder Adonomics from creating valuations and tracking Facebook apps.
This is why Adknowledge acquired Adonomics. A Public Relations Manager at Adknowledge stated that the existing functionality such as Daily Active Users will still be available as a free service post-acquisition. Existing data on Adonomics will be also rolled into Cubics.com, a subsidiary of Adknowledge.
Altura Ventures LLC is the parent company of Adonomics, KallOut, and CrossLoop.
Categories Adknowledge, Adonomics, Altura Ventures LLC, Cubics.com
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