SpotXchange, the platform for video advertising, has announced the company reported net revenue growth for the first three quarters of 2014 of 136 per cent compared to the first three quarters of 2013, with programmatic revenue increasing a stunning 282 per cent.
SpotXchange provides a video advertising platform for publishers, focusing on holistic inventory management. The core features of the technology include ad serving, programmatic infrastructure, and advanced analytics.
SpotXchange has made great strides towards global expansion in 2014, bolstered by RTL Group’s recent acquisition of a majority stake in the company. RTL Group, the leading European entertainment network, has already begun to implement SpotXchange’s programmatic technology with some of its European operations, starting with RTL Nederland’s Videostrip and IP Deutschland’s Netzathleten Media.
“This has been an incredible year for SpotXchange as we’ve experienced tremendous growth in revenue, and taken huge steps towards global expansion and the continued innovation of our programmatic video technology,” said Mike Shehan, CEO of SpotXchange. “We’re excited for what 2015 has in store as we continue our mission to give publishers and advertisers around the globe the best in class video advertising platform and services.”