Vantage Media, a leader in performance-based search engine
marketing and online lead generation, recently announced it has
completed a $70 million Series A preferred financing led by
Montgomery & Co. Scale Venture Partners, Tudor Ventures and
Integral Capital Partners also participated in the round.
Vantage Media also announced that it has named Steve Jillings
as Chief Executive Officer. Jillings is the former CEO of
Frontbridge Technologies, a leading email security company
acquired by Microsoft Corporation in August 2005. Jamie
Montgomery, CEO of Montgomery & Co., and Rory O'Driscoll,
Managing Director with Scale Venture Partners, join the board.
“The addition of Steve and key members of his Frontbridge
management team, along with our new investors, will allow
Vantage Media to continue its rapid growth while maintaining its
market leadership,” said Mark DiPaola, founder and President of
Vantage Media. “We are thrilled to partner with such an
experienced team and believe that our clients will see immediate
benefits as the company enters a new level of growth.”
“Mark and I have built a great relationship over the past
year, and I look forward to working with him and his team to
leverage the company's skills and proven technology platform,”
said Steve Jillings. “This validates Vantage Media's successful
search engine marketing solution for the education marketplace,
and speaks volumes for the company's growth potential across new
markets.”
“Paid search is the biggest recipient of the rapid shift of
traditional ad spending to the online market,” said Jamie
Montgomery, CEO of Montgomery & Co. “However, the complexities
and costs involved with running a paid search campaign are
substantial. We believe Vantage Media's performance-based model
will ultimately allow almost any business to benefit from paid
search cost-effectively.”
“Search-based internet marketing is the fastest growing, most
effective advertising medium in the last fifty years, and
businesses that enable potential advertisers to easily utilize
this medium will be very successful,” said Rory O'Driscoll,
Managing Director of Scale Venture Partners. “Mark and his team
have built a strong company, and with the addition of Steve
Jillings, an entrepreneur Scale VP has successfully backed
before, Vantage is well positioned to accelerate its momentum in
the space.”
Founded in 2002, Vantage Media was one of the first companies
to offer search marketing solutions on a performance basis. As
an early customer of both Google and Yahoo, Vantage has gained
unique insight into the inner-workings of these search engines
and how to harness them to benefit its clients. Vantage
currently manages more than 40 million keywords yielding over
one billion impressions per year, and is one of the largest
providers of search-based marketing leads for educational
institutions.
Since its inception, Vantage Media has grown each year
without external financing or acquisitions. Vantage is unique in
its focus on high quality leads from search engines, versus
lower-quality alternatives. Vantage Media is based in Venice,
California.
For more information, please visit
www.vantagemedia.com