Sunday, April 26, 2009

Forbes: New automated tech firms reshaping digital media

Forbes.com posted an insightful piece today on an emerging set of ad technology companies that are helping brands conduct their media buying more efficiently and effectively as people increasingly spend their lives online.

Mpire Corporation, maker of both WidgetBucks and AdXpose, was among the private companies cited in this lengthy article. The other technology companies in the piece include Mpire partners OpenX, Rubicon Project and Pubmatic, as well as Google and Yahoo! [full article here]

Matt Hulett, Mpire's CEO, (pictured) was quoted in the article -- "We've seen half a billion dollars of venture capital poured into building optimization and planning companies." -- and Mpire's new service -- AdXpose -- was highlighted as well:

This week, Hulett's firm unveiled an application to help advertisers track on which Web sites networks place ads, where on the actual screen the ad appears and if Web surfers pause their cursor over the ad. The tool is intended to help marketers better figure out how much of their ad spending is essentially worthless.

For more information and background on AdXpose, check out last week's press coverage, press release, and demo on YouTube.

- Dean

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