CafeMedia Receives Investment to Drive Growth of Ad Monetization Platform
CafeMedia divested its legacy owned and operated sites, concentrating its efforts completely on the growth and success of its publisher platform: AdThrive.
AdThrive’s strong reputation is built on putting publishers first and proven performance. The company won the global Google Certified Publishing Partner Customer Satisfaction Award based on ratings from its publishers. The average publisher client earns three times more money per pageview when they join AdThrive.
“Our results speak for themselves,” said Michael Sanchez, CafeMedia’s CEO and co-founder. “We believe in our ability to deliver the highest paying returns so much so that we actually guarantee it. Our publishers tell us they’re able to now work their dream jobs creating digital content that matters, and make more money while running fewer ads.”
Recognizing the opportunity to support the highest quality publishers, private equity firm, ZMC, recently acquired a majority stake in CafeMedia, replacing founding venture investors Highland Capital Partners and DFJ. ZMC will bring significant resources to CafeMedia to supercharge the expansion of AdThrive.
To sharpen the focus on the growth of AdThrive, CafeMedia has found a strategic acquirer in RockYou for its owned and operated properties CafeMom, MamasLatinas, Revelist and Baby Name Wizard. RockYou’s concentration on premium content properties and branded content executions will continue to unleash the strength of these premier properties in the future. This acquisition was finalized June 19, 2018.
The combination of CafeMedia and AdThrive connected CafeMedia’s programmatic expertise to the authentic, quality content created by AdThrive publishers. CafeMedia blends the best of both worlds – dedication to the well-being of premium publishers and industry-leading monetization. CafeMedia will continue to help brand partners reach the right audiences among AdThrive publishers’ highly engaged 102 million monthly unique visitors.
“We’re committed to the success of our nearly 2,000 elite publishers and take great pride in representing the diversity of voices that make the internet a better place,” Sanchez said.
“CafeMedia and AdThrive are positioned to be the definitive company to enable digital publishers to grow and thrive,” said Andrew Vogel of ZMC. “We embrace AdThrive’s publisher-first approach and are excited to add fuel to the fire.”