|By Marketwired .||
|May 23, 2014 11:44 AM EDT||
SAN FRANCISCO, CA -- (Marketwired) -- 05/23/14 -- LiveRail, the leading video monetization platform for publishers, was recently named Best Advertising Tech at the San Francisco Business Times Tech & Innovation Awards. The annual awards recognize the San Francisco Bay Area's most innovative and enterprising technology companies and entrepreneurs.
As consumer's online video consumption continues to climb, advertisers are shifting more of their ad spend to digital video, prompting broadcasters and video publishers to adjust their distribution and monetization strategies. LiveRail's platform helps sell their video inventory smarter, and safer across all devices, increasing revenue through programmatic selling to ad buyers.
Over the last several years, LiveRail has grown rapidly and is currently on track to triple revenue for the third consecutive year. The company now has five offices worldwide, including London and Paris, and has doubled their headcount to 160 employees.
"The Bay Area boasts an unrivaled amount of inventive organizations, making the recognition of LiveRail as one of the most innovative technology companies in the region, an absolute honor," said Mark Trefgarne, Co-Founder and CEO, LiveRail. "We take great pride in the fact that we are a true technology company. About 50 percent of our staff is engineers, which is a rare makeup within the media and advertising industry, and we're very pleased that our commitment to providing our clients with superior solutions continues to be recognized. We are looking forward to evolving with the industry while maintaining the high level of support, service, and technology LiveRail is known for. A big thanks to the San Francisco Business Times and their judging panel for this award."
The annual San Francisco Business Times Tech & Innovation Awards ceremony was held May 21st at the Westin St. Francis in San Francisco. Selected by a private panel of judges, the ceremony honored the dynamic companies that are fueling the San Francisco Bay Area's economy, attracting VC funding and growth capital, adding jobs, and transforming every area of technology.
LiveRail is the leading publisher monetization platform for video with more than 5BN impressions delivered via its platform each month, setting the standard for innovative video advertising technology solutions. LiveRail provides premium publishers with the technology infrastructure to sell their video inventory smarter and safer, across all devices. Recently recognized by Digiday Publishing Awards as the Best Monetization Technology for a Publisher, LiveRail is used by hundreds of major publishers who benefit from sophisticated analytics, advanced controls and unparalleled transparency ultimately generating maximum yield for every ad impression.
Founded in 2007, LiveRail's senior team is led by its founders, Mark Trefgarne (CEO) and Andrei Dunca (CTO). LiveRail Inc. is headquartered in San Francisco, California, with offices in New York, London, England and Cluj-Napoca, Romania. LiveRail is backed by Pond Ventures. For more information visit: www.liverail.com.