Glam Media, a female-focused online advertising network, has acquired AdPortal, a provider of advertising technology for publishers. No financial terms were disclosed. Glam Media has raised around $150 million in VC funding, from Aeris Capital, Burda Digital Holding, Mizuho Capital, Draper Fisher Jurvetson, Accel Partners, DAG Ventures, Information Capital and WaldenVC.
Glam Media, Inc. (www.GlamMedia.com), the number one vertical media company for women online and one of the top display global media web properties, today announced that it is going to acquire AdPortal (www.Adportal.net), a leading publisher advertising-technology startup based in San Francisco and New York, and also announced the launch of “GlamAdapt for Publishers,” a fully automated publisher-side platform for seamlessly packaging digital advertising solutions across multiple ad sales channels–Agencies, Demand-Side Platforms, Direct, and Self-Serve for Local Advertisers and Resellers–designed for super premium brand advertising.
“Glam Media’s heart and soul is about publishers and professional social media content,” said Samir Arora, chairman and CEO of Glam Media. “With the acquisition of AdPortal, we are launching ‘GlamAdapt for Publishers,’ a one-stop solution to web-enable all digital inventory for existing and emerging demand sales channels. AdPortal will bring one of the most advanced technology products to the recently announced next generation GlamAdapt Platform designed for Brand Advertising.”
GlamAdapt for Publishers (GFP) helps publishers sell more of their valuable premium inventory through the creation, marketing, and measuring of high impact sales packages across multiple demand channels. Publishers can take advantage of GlamAdapt’s creative, targeting, network management, and measurement services to deliver comprehensive brand solutions for advertisers. Leveraging GlamAdapt’s open “Advertising Apps Platform,” GFP comes with built-in support for leading third-party data, measurement, and creative providers. Publishers also gain access to sales management and efficiency tools that can create client-ready media plans in a matter of minutes. This combination provides greater access to brand dollars—enabling publishers to drive higher value deals with more efficient sales forces.
“Our goal with AdPortal has always been to empower publishers to make the most use of their premium inventory, while making it easy for advertisers to get their message in front of the people they want to target,” said Robert Tas, CEO and Founder of AdPortal, a former SVP of Media & Technology at 24/7 and one of the founders of Tacoda. “We are thrilled to be a part of Glam Media and integrate AdPortal into GlamAdapt, now a full alternative ad-tech platform for premium brand advertising.”
Tas will be joining Glam Media as Vice President of GlamAdapt Platform.
“Linden Lab has had success with AdPortal, allowing us to drive greater value for our premium inventory,” said Robin Ducot, VP of Web Development at Linden Lab. “We are pleased that AdPortal is becoming part of GlamAdapt, and look forward to working with Glam Media to drive innovation around audience packages, brand-focused analytics, and advanced ad formats.”
Glam is also announcing today GlamAdapt is now running at scale delivering 100% of Glam’s premium business, with over 1,500 publishers and 500 brand advertisers running over 1,000 campaigns since launch worldwide.
AdPortal is a Silicon Valley venture-funded spinoff of Sportgenic, with investors including top-tier VC firms SoftTechVC and Greycroft Partners, key Silicon Valley startup investors and a list of premium publishers. AdPortal’s San Francisco-based employees will join the Glam Media ad products team in Silicon Valley.
About Glam Media
Glam Media is the pioneer of vertical media that connects the world’s top brand advertisers with targeted vertical audiences online. Glam invented the first commercial Blog Network in 2005 to harness the power of Social Media for Brands. Since then, it has exploded to a reach of 85 million unique monthly visitors in the US and 164 million users globally.
Glam Media is the #1 comScore Community web property targeting Women, the #8 publisher in all online Display and a Top 10 Adweek Display Ad Publisher. Recently, Glam Media was named the world’s most innovative media company by Fast Company Magazine. Glam Media has more than 1,500 publishers organized in vertical networks: Glam.com for Women, Brash.com for Men and Tinker.com for real-time Social Media.
Glam Media is headquartered in New York City, New York and Silicon Valley, California, with other US offices in Chicago and Los Angeles, and internationally in London, Munich, Hamburg, Berlin, Tokyo and Paris.