SpotXchange reports 'incredible' year of revenue growth and network expansion in 2014

By: InnovatioNews Monday December 8, 2014 0 comments Tags: Denver, Mike Shehan, RTL Group, SpotXchange

 

DENVER - SpotXchange announced net revenue growth of 136 percent for the first three quarters of 2014 compared to the same period in 2013, with programmatic revenue jumping by 282 percent.

SpotXchange provides a robust video advertising platform for publishers, focusing on holistic inventory management.

SpotXchange also said it made great strides towards global expansion in 2014, bolstered by RTL Group's recent acquisition of a majority stake in the company.

RTL Group is a leading European entertainment network.

"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, company CEO.

"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."
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InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.