| Company type | Privately held, indirect, wholly-owned subsidiary of Cox Enterprises |
|---|---|
| Industry | Internet, Media, Technology, Online Advertising |
| Founded |  2005 |
| Founder | Larry Braitman, Richard Thompson and Russ Fradin |
| Headquarters | 1000 Cherry Ave., Suite 200, San Bruno, California , |
Key people | Russ Fradin, Founder, President Franklin Vincent, CFO Steven Heyman, CTO Jim Larrison, CRO Rodney Mayers, COO Heidi Carson, SVP, Product Management Glenn Fishback, SVP Media Sales Joelle Gropper Kaufman, SVP, Marketing Artem Mikhlin, SVP Strategy & Corporate Development Max Ochoa, General Counsel & SVP, Human Resources Jon Prall, SVP Engineering Operation Kevin Tan, SVP, International |
| Products | Adify Network Builder, Adify Media, Adify Amplified, Adify Elite Publisher Network, Adify Ad Server |
Number of employees | 150 (2009) |
| Website | Adify.com |
Adify provides a number of online advertising-related products and services to website owners, ad network operators, advertisers and agencies. Adify is an indirectly- and wholly-owned subsidiary of Cox Enterprises.
Products and services
editAdify’s first product, Adify Network Builder, is a technology and services platform upon which customers can build and commercialize networks of websites. Adify Network Builder is a platform for established media companies and venture-backed entrepreneurs, to aggregate and manage websites that share similar content and audiences[1]. The resulting ad networks are known as vertical ad networks[2]. Vertical ad networks built using Adify Network Builder include Fidelity National Real Estate’s Real Estate & Living Media Network, Hotchalk’s Hotchalk Education Network, NBC’s iVillage Total Health, Forbes’ Forbes Business & Finance Blog Network, Auto Trader’s AutoTrader.com Access, and Warner Brother’s Momlogic.
Adify’s second major offering, Adify Media, sells inventory across the networks that run on the Adify Network Builder platform. Adify Media reaches approximately 12,000 websites across 180 vertical ad networks, representing approximately 73 MM unique US visitors. Adify publishers tend to be midsized, which have five figure monthly visitor counts[3]. Since Adify Media’s launch in April 2009, advertisers that have run campaigns through Adify Media include Best Western Hotels, Eukanuba, Febreeze, HP, Microsoft, and Betty Crocker[4].
In May 2009, Adify launched the Adify Amplified Partner program to share its APIs and allow third parties to develop applications for the vertical ad network managers who use Adify Network Builder. Since Adify released its APIs, a number of advertising technology companies have begun to develop applications for the Network Builder platform, including Aggregate Knowledge, Ooyala, Rovion, and Wave2 Media Solutions.[5].
Adify also maintains its own horizontal ad network of websites, known as Adify Elite, and offers site-side ad serving.
Criticism
editAdify has been criticized for their decision to limit publishers to only joining one network per publisher account. Critics have brought up the point that Adify's appeal was the ability to manage multiple network memberships with one account, but as of August 2009 this is no longer possible.[6].
History
editIn the summer of 2005, Larry Braitman and Richard Thompson and Russ Fradin co-founded Adify. Adify's founders worked together at Flycast, the first online advertising network[1]. Shortly thereafter, they launched Adify’s first product, Adify Network Builder.
Adify gained early recognition when NBC’s venture investment fund, Peacock Equity, announced that they were launching a $250 million equity fund to invest in media and technology companies, and that the first $3 million would be invested in Adify[7].
In April 2008, Adify closed a deal to be acquired for $300 million by a wholly-owned subsidiary of global media giant, Cox Enterprises[2].
International presence
editOutside the US, Adify has offices in London, Singapore, and Berlin. Media companies from the UK, Germany, Sweden, Greece, India, Japan, and Australia have built networks using Adify Network Builder.
References
edit- ^ a b Sramana Mitra(2008),"Entrepreneur Journeys, Volume One",ISBN 1-4392-0687-2 Soft-cover. p.87-100
- ^ a b Amirshahi, Bobby (April 29, 2008). "Cox Enterprises Announces Deal to Acquire Silicon Valley-based Adify Corporation". Coxenterprises.com. Cox Enterprises. Retrieved May 29, 2009.
- ^ Mindlin, Alex (August 23, 2009). "An Uptick for Real Estate Ads Online". nytimes.com. New York Times. Retrieved October 1, 2009.
- ^ Walsh, Mark (April 27, 2009). "Adify Offers Horizontal Buys Across Vertical Networks". mediapost.com. MediaPost News. Retrieved May 29, 2009.
- ^ Rao, Leena (May 26, 2009). "Adify Opens Up API To Expand Technology For Ad Networks". techcrunch.com. TechCrunch. Retrieved May 29, 2009.
- ^ Blair, Everton (June 8, 2009). "Adify Ad Networks Commits Online Suicide". connectedinternet.co.uk. Connected Internet. Retrieved October 1, 2009.
- ^ Thomasch, Paul (April 16, 2007). "GE launches $250 million media fund". reuters.com. Reuters. Retrieved May 25, 2009.