Company type | Private |
---|---|
Industry | Digital marketing and advertising |
Founded | 2010 |
Founder | Are Traasdahl (Founder & CEO) Dag Liodden (Co-Founder & CTO) |
Headquarters | |
Website | www.tapad.com |
Tapad Inc., is a unified, cross-device marketing technology firm. The company's technology allows content, such as advertising, to be sent to in a unified way to consumers across their multiple devices including smartphones, tablets, home computers, gaming consoles and smart TVs. Tapad is backed by major venture firms and services Fortune 500 brands from multiple industries including, travel, insurance, finance and retail.[1] Tapad is based in New York and has offices in Atlanta, Chicago, Dallas, Detroit, Los Angeles, Miami and San Francisco.
Tapad was founded in 2010 by Are Traasdahl, an entrepreneur with more than 15 years of experience in mobile and digital content. He is a frequent contributor on mobile advertising technology for outlets such as CNBC and Bloomberg News, and he has been featured in Forbes, the Wall Street Journal, Ad Age and other news outlets.[2][3][4][5][6] Traasdahl also currently holds several board positions and heads Spring Capital, an investment holding company. Prior to Tapad, he founded Thumbplay, a mobile entertainment service. Thumbplay grew to more than $100 million in revenues in less than 3 years before he exited the company (the company, later acquired by Clear Channel, is now called iHeartRadio)..[7] Traasdahl was previously a senior executive with Telenor Group, an international provider of telecom, data and media communications services.
Today, Tapad works with 140 Fortune 500 brands and currently serves 2 billion ads each month across 18,000 online and mobile publishers. They saw $1.2 Million in sales in 2011, $8.2 Million in 2012 and are currently on track to profit $25 Million in 2013.[8] Sources close to the company have pegged the valuation at $140 Million.[9]
Tapad provides technology that serves ads to targeted consumers using an algorithm that crunches large amounts of data to deliver a high probability that devices are related, helping give advertisers a fuller understanding of their desired consumer.
Tapad’s technology provides notice and a first-to-market opt-out, ensures data security, never targets children and does not access Personally Identifiable Information (PII).[10] [11] Tapad also partners with both Evidon and TRUSTe. Recent integrations now allow for an in-app opt-out on mobile devices.[12][13]
Tapad’s investors include:[14]
In 2011, Tapad was named one of Advertising Age’s 10 Startups to Watch.[15] In 2013, Tapad was selected by AlwaysOn as an OnMedia Top 100 Winner.[16] Are Traasdahl was also recently named one of Business Insider's "Most Important People in Mobile Advertising: 2013."[17]