Adcash is a worldwide advertising platform based in Tallinn, Estonia.

Adcash OÜ
Adcash
Company typePrivately held company
(Subsidiary of Webinfluence Group AS)
IndustryAdvertisement
Information technology
Internet
FoundedTallinn, Estonia (2007 (2007))
FounderThomas Padovani
Christophe Avignon
Headquarters,
Area served
Worldwide
ProductsOnline advertising
Affiliate marketing
Mobile advertising
Display advertising
RevenueIncrease 25 million (2021)
ParentWebinfluence Group AS (since 2011)
Divisions
  • Advertising network Bulgaria Ltd
  • Advertising technology S.A. de C.V.
Websitewww.adcash.com

History

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Adcash was founded in 2007 by Christophe Avignon and Thomas Padovani. Avignon and Padovani, who are originally from France, came to Estonia to establish the new company. The company was started with no direct funding, with the first sales agreements obtained through direct sales.[1]

The Adcash Advertising Network was spun off as a separate company, Adcash OÜ, in 2011. It remains a subsidiary of Webinfluence Group AS.[2]

In 2012, the company's turnover was €11,7 million followed by growth in 2013 seeing revenues at almost €25 million.[1][2][3]

Recognition

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In 2015, Adcash was awarded two titles at the EAS gala dinner of Estonia's best companies. The first title was for the Innovator of the Year, and the second for the most competitive medium-sized enterprise in Estonia.[4]

References

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  1. ^ a b Sarle, Dimitri (2013-09-26). "The Estonian Startup With €25 Million Turnover You Haven't Heard Of". Articstartup. Archived from the original on 2014-05-27. Retrieved 2014-05-26.
  2. ^ a b Mets, Mari (2013-09-21). "Prantsuse IT-ärimees kogub Eestis reklaamimiljoneid" [French IT businessman collects advertisement millions in Estonia] (in Estonian). Eesti Päevaleht. Archived from the original on 2014-05-27. Retrieved 2014-05-26.
  3. ^ "Adcash avab jaanuaris Kontori Pariisis ja laieneb Eestis". Delfi,Ärileht. 2014-01-30. Archived from the original on 2014-05-27. Retrieved 2014-05-26.
  4. ^ "Construction company Kodumaja named business of the year 2015". Estonian Public Broadcasting. 9 October 2015.
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