Quantcast Blog

« IcanhasCheezburger.com joins Quantcast! | Main | HairBoutique.com joins Quantcast! »

January 21, 2008

Quantcast Closes $20 Million Series B Financing Round

Qc

Today, we announced that Founders Fund II and Polaris Venture Partners have invested $20 million in a Series B financing round with Quantcast.  This is significant news for us, our existing 20,000+ Quantified Publishers, and the broader industry.

Most importantly, this investment will allow us to increase the breadth and speed of innovation in the direct-measurement space. We’ll be expanding our initiatives on behalf of Quantified Publishers and launching new services focused on making online advertising more accountable and valuable.  Our core vision of a participatory, accurate, open, and flexible service will be taken to new levels.

As Quantcast co-founder and CEO Konrad Feldman noted in the announcement, “Quantcast is changing the way the media industry measures and identifies audience segments through a collaborative, direct-measurement platform.”

With the investment, Ken Howery of Founders Fund and Mike Hirshland of Polaris Venture Partners join the Quantcast board, bringing a valuable set of experiences and expertise both in building scalable and cooperative industry platforms as well as deep insight into the workings, concerns and future of the media industry.  Their comments offer clear validation for the approach we are taking.

“Quantcast has rapidly emerged as the leading innovator in the direct-measurement space”, said Ken Howery, managing partner of Founders Fund. “Targeting and delivering specific audience segments will be the core theme that drives the evolving advertising business, and as such we’re incredibly excited that our first investment from our new fund, Founders Fund II, is in Quantcast.”

“For some time online publishers have had an acute need for more accurate audience measurement and analysis,” said Mike Hirshland, general partner at Polaris Venture Partners.  “Through our digital media portfolio companies, including JibJab Media, Heavy, and WordPress, we’ve had a front row seat to observe the industry beginning to embrace Quantcast as the first and only truly accurate audience measurement service.  We believe Quantcast is well on its way to becoming the ‘coin of the realm’ for online publishers and advertisers alike.”

Thank you everyone for supporting Quantcast this far, we intend to delight you with our future.

Bookmark this Article!

Share on Facebook

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341d85f453ef00e54fffa8068834

Listed below are links to weblogs that reference Quantcast Closes $20 Million Series B Financing Round:

Comments

Glad to hear you'll be around a little longer! :-)

In all seriousness, thanks for what you are doing; its of critical importance to a vibrant and decentralized future for the internet

Warmly,
Chris

AWESOME NEWS! I love your stats and layout!

Question - Do you know if there is a way to Quantcast an office.live basics website? I've tried a couple different things and have not gotten it to work yet. Thanks for any advice with this.

Hi Matt,

Thanks for your interest in Quantcast.

Currently we are able to Quantify top level domains and sub-domains. I am not familiar with the structure of the office.live sites, but I am happy to help assist you to determine if they can be Quantified.

Thanks,

Chris
chris@quantcast.com

Thank you everyone for supporting Quantcast this far, I intend to stay with you and promote our success in the future.

Please Bookmark this Article! Its great news!

Cheers to Success!

I'm very happy For This News, I notice That quantcast Shows More accurate information about my website Than any Other, and All My efforts Are made based in The Information of Quantcast. I Personaly know it Is Going To get Better And better, Thank you.

Its fabolous website........It will work for us as its doing...

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment