Thunder Experience Cloud Secures $6 Million Financing to Take the Lead in People-Based Ad Serving

Thunder Experience Cloud Secures $6 Million Financing to Take the Lead in People-Based Ad Serving

Thunder Experience Cloud, the leader in people-based ad serving, announced the closing of a $6 million funding round with investments from a consortium of open ad tech companies, as well as the expansion of its executive leadership team.

Thunder’s platform helps advertisers create, personalize, optimize and measure ad experiences across channels. Investors have taken note of the company’s promise to enable people-based advertising.

“WI Harper always locks in on rising stars and unique investment opportunities,” said Jimmy Lu, Managing Director of the WI Harper Group, a leading cross-border venture capital firm. “Thunder has been an innovator at every stage of the company, consistently anticipating and evolving to meet the ongoing demands of the industry. We strongly believe in the company’s potential as the first people-based ad server delivering brand messages across an increasing number of online channels, at a time when previous standards of measurement and targeting are under fire.”

Also Read: SmartDraw Reports Strong Momentum for Open API as Data to Diagram Market Heats Up

In addition, Thunder has appointed two executives: Marco Matos as Head of Product and Jack Hallahan as VP of Strategic Partnerships, as it continues to enhance its platform and grow its partner network.

“It is an exciting time to welcome Matos and Hallahan to the team,” said Victor Wong, CEO of Thunder. “The expertise of both in their respective fields will be invaluable as we use this latest investment to accelerate delivery of Thunder’s Experience Measurement suite to market and execute on our vision to end bad ads.”

Also Read: Global Software Vendors Reap Rewards with Oracle Cloud

Matos has spent over 11 years in product development, overseeing projects launched across Microsoft, Google and Facebook, particularly specializing in brand and cross channel measurement and understanding user consumption. He will oversee Thunder’s engineering team and overall product roadmap.

Hallahan brings expertise in strategy, branding, social, programmatic and rich media to his new role as VP Strategic Partnerships. Previously, he was vice president of partnerships at Celtra, a late stage venture-backed Creative Management Platform. He will be responsible for overseeing partnerships while heading up revenue responsibilities for Thunder’s sales and account management teams.

Recommended Read: MarTech RADAR 2018: Top 150 B2B Technology Companies You Should Follow

Picture of PRNewswire

PRNewswire

PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.

You Might Also Like