 | |
| Company type | Subsidiary |
|---|---|
| Industry | Online advertising |
| Founded | 2005 (as Amobee Media Services) |
| Headquarters | Redwood City, California, United States |
Area served | Worldwide |
| Parent | SingTel |
| Website | www |
Amobee is a global digital marketing technology company that provides data-driven solutions for agencies and brands. Amobee’s patented Brand Intelligence technology measures digital engagement to provide a deeper understanding of audiences, their mindset and interests.
Amobee is a wholly owned subsidiary of Singtel, one of the largest telecommunications companies in the world. The company is headquartered in Redwood City, CA, with offices in London, New York City, Los Angeles, Sydney, Argentina, and Singapore. It's R&D center is in Tel-Aviv, Israel.
History
editAmobee was founded in May 2005 by Gil Shulman, Saul Rurka[1] and Zohar Levkovitz.[2] It went live in June 2005. One year later, the company recruited Roger Cameron Wood, a mobile industry veteran, who established the company's U.S. presence in San Francisco.[citation needed]
In 2009, Amobee purchased media company RingRingMedia in order to expand their advertising customer base, enabling mobile media owners to sell advertising space to companies on a collective basis.[3] At the time of acquisition, RingRingMedia bought more than $2 million (£1.2 million) of mobile media a month, serving more than 4 billion ad impressions a month.[citation needed]
In July 2011, Trevor Healy, formerly of Jajah was appointed Chief executive officer.[4] Zohar Levkovitz will stay with Amobee as Vice Chairman.[4]
Amobee was acquired by Singtel in March 2012 for $321 million.[5]
In June 2014, Amobee acquired two of its competitors; Adconion for $235M and Kontera for $150M, in an attempt to consolidate its market position.[6]
Investors
editAmobee has financial backing from Sequoia Capital, Accel Partners and Globespan Capital, as well as strategic investments from Motorola, Cisco and leading operators, Vodafone and Telefónica.
References
edit- ^ "Saul Rurka".crunchbase.com. Retrieved January 2, 2012
- ^ "Zohar Levkovitz". crunchbase.com. Retrieved January 2, 2012
- ^ "Amobee Acquires RingRing Media – Consolidates Mobile Advertising Market". AllBusiness.com. Retrieved 2 January 2012.
- ^ a b "Trevor Healy Named CEO of Amobee". prnewswire.com. July 14, 2011. Retrieved January 2, 2012
- ^ Shelach, Shmulik (5 March 2012). "SingTel buys mobile ads co Amobee for $321m". Globes. Archived from the original on 8 March 2012. Retrieved 25 May 2012.
- ^ Amobee Buys Adconion For $235M And Kontera For $150M In Consolidation Play