Native ad platform StackAdapt raises $1 mln in Series A round
Toronto-based native advertising company StackAdapt has secured $1 million in a Series A financing. The round was led by Canadian venture capital firm Plaza Ventures, and builds on StackAdapt's seed round of September 2014. As a result, Rob Richards, managing partner at Plaza, has joined the company's board of directors. Founded in 2013, StackAdapt provides brands and agencies a single access point for the supply of native advertising, both via in-feed ads and content recommendation widgets. To date, clients have launched over 1,500 campaigns on its platform. The company plans to use the new funds to scale the platform and add to its team.
28 January 2016•4 mins read
