Ezoic To Expand AI Platform For Digital Publishers With New Funding Round

By Annie Baker ● August 9, 2019
  • Ezoic, an end-to-end, AI-driven platform for digital publishers, recently announced it raised $33 million in funding to accelerate its technology expansion

Ezoic — an end-to-end, AI-driven platform for digital publishers — recently announced it raised $33 million in funding to accelerate the expansion of its innovative technology. This funding round comes from Sageview Capital — a growth capital firm focused on investing in leading tech-enabled businesses.

This investment will help Ezoic further expand the capabilities of its intelligent technology platform designed for online content creators and digital publishing businesses. And Sageview Capital partner Jeff Klemens is joining the Ezoic Board of Directors in conjunction with the funding round.

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Ezoic launched in 2011 and the company tested early versions of the platform on more than 400 websites that were owned by the company founders. And Ezoic secured funding from Balderton Capital in 2014 and became one of the first Google Certified Publishing Partners in 2015.

Plus Ezoic recently won Google’s Business Innovation Award from the Certified Publishing Partner team for its flagship testing application, which allowed thousands of publishers to personalize website ad placements and layouts using AI. And Ezoic also received industry recognition for its Ad Revenue Index, a publicly transparent index of global programmatic ad rates.

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“Despite accelerating advances in technology, digital publishers still rely on many legacy processes from print and early online web publishing. Ezoic gives publishers a way to capitalize on all the opportunities that exist with digital content,” said Ezoic founded and CEO Dwayne Lafleur. “Our platform has enabled thousands of web publishers to incorporate personalization and data science into their sites. The benefits of this approach are exponential and still untapped by many large brands and enterprises in the world of digital publishing.”

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Ezoic is available for both large publishing brands and smaller independent publishers as a data-driven way to personalize layouts and ad placements for their visitors. And now Ezoic is rolling out new machine learning tools for publishers that will allow them to instantly speed up their websites, improve the SEO of their content, and easily access information that will help them grow their businesses.

“The feedback from Ezoic customers we spoke to was overwhelmingly positive, highlighted by the tangible ROI and revenue uplift they were achieving by using the Ezoic platform.” added Klemens. “Sageview provides growth capital to leading companies with a demonstrated track record of success and a compelling market opportunity.  Ezoic’s strong growth, innovative products, and ambitious roadmap make it a strong fit for our portfolio, and we look forward to providing Dwayne and the Ezoic team financial and operational support to accelerate the business.”