RANKED: The hottest pre-IPO ad tech startups of 2015
xAd | 05/19/2015
xAd is ranked #15 in annual list
Business Insider’s annual ranking go behind the scenes to find some “seriously interesting” pre-IPO ad tech startups According to Business Insider, this ranking looks at the hotter companies subject to IPO (or at least big exit deal) rumors right now. Data comes from CrunchBase, LinkedIn, our own reporting, and that of other business publications. We’ve tried to rank them by revenues, but have also taken into account headcounts, venture funding, and recent news and whispers.
15. xAd: Location-focused and making key hires
CEO: Dipanshu Sharma
Estimated revenues: We estimate around $130 million.
Total venture funding: $74 million
Business Insider Comment: The location-focused advertising network claims to allow nearly 1 million advertisers to reach 300 million unique people each month. The company itself is growing worldwide, having recently announced it had hired agency veteran Brandon Starkoff to become global VP of brands and agencies, and expanded into Spain and Italy. Prior to that it has also poached executives from Twitter, Facebook, Google, and Posterscope this year.
See the full list of rankings on Business Insider here.