07 Sep 2016

Project Agora secures financing from Venture Friends to grow its SaaS platform

Project Agora secures financing from Venture Friends, one of the leading VC firms in S.E. Europe, to further accelerate the development of its SaaS advertising monetization platform for publishers.

Project Agora has had a fantastic run during the first 18 months, launching its advertising inventory monetization service in Greece, Romania, Hungary and MENA, and innovating to maximize revenues and simplifying operations for more than 330 websites. Project Agora is currently monetizing more than 1bn impressions per month while its employee base has grown during this period from 6 to 21 digital professionals.

The traction we have had during the first 18 months has been overwhelming but amazingly positive. Access to capital will help us grow faster to empower local publishers get the funds and extra time to build content and services that people want to engage with”, commented Odysseas Ntotsikas, TDG’s Founder & Managing Partner.

Apostolos Apostolakis, Venture Friend’s Partner commented:

We are thrilled with Project Agora and its dynamic so far. The company has already established partnership with 330 websites who are already seeing an uplift in their advertising revenues. We are also very much enthusiastic to be partnering with Odysseas in his new business venture. In parallel to his successful international career with TDG, Odysseas has been a true digital marketing thought leader”.

Comments

Related News

04 Dec 2018

Tempo OMD, Nissan & Project Agora add an impactful social twist to display advertising

Project Agora launched Social Cards, its newest ad format, with Tempo OMD/Nissan as the official launch partner. Social Cards, are mobile first ad formats which enable advertisers to amplify their social media campaigns and engage their audience in a new and impactful way using their existing social content. Through Social Cards, brands can g

READ MORE

03 Jul 2018

Project Agora: 3 years Breaking Frontiers

A few months ago, we turned 3 years old… and what 3 years these have been. Project Agora was created with the aim to bring laissez faire in advertising by creating trusted local ad marketplaces that add value to advertisers, while protecting the interests of local publishers. Since then we have evolved into a yield operating system for p

READ MORE

03 Apr 2018

Project Agora enhances Magic InArticle Video, offering greater control to advertisers and an improved user experience

Project Agora, the leading native advertising marketplace across CE, SE Europe and MENA announced today the roll out of its upgraded Magic InArticle Video ad format. Integrated with more than 500 publishers in the region, Magic InArticle Video, is an innovative proprietary native video ad-format, placed into the heart of consumer attention, the

READ MORE