5

CEO Todd Vernon on Lijit (just bought by FM)

Why did Federated Media buy Lijit? Hear Todd Vernon explain Lijit's business

Entrepreneur interview by Bambi Francisco Roizen
October 5, 2011 | Comments
Short URL: http://vator.tv/n/1fd4


This week, Federated Media Publishing scooped up Lijit Networks, which just raised $10 million this past April. The acquisition could be seen as great timing for Lijit, whose revenue has been growing 50% month over month over the last six months. This year, sales are expected to be $12 million, then $20 million in 2012. I caught up with CEO Todd Vernon just before the acquisition. We even touched on the various partners that would be a complementary fit, including Federated. 


Related companies, investors and entrepreneurs

10155
Lijit Networks
Startup/Business
Description: Lijit Networks, Inc. was incorporated in June 2006 and is headquartered in Boulder, Colorado. By providing innovative advertising service...
101901
Todd Vernon
CEO / Founder,
Lijit Networks
Bio: Todd is the CEO of Lijit Networks which he founded in 2006. Prior to his leadership role at Lijit, Todd co-founded Raindance Communicatio...

Related news


blog comments powered by Disqus
Find your friends' startup new!
Vator is more valuable if you know who's here.
Discover who has a startup and help their success by following their progress!

Featured Stories

Latest company news bites on Vator

Xeinge Group - Kevin Rivers (Founder/CEO)
A new social networking service is coming! Get your exclusive invite on Bluurp today! (http://www.bluurp.com)
See more
BlazeMeter - Alon Girmonsky (CEO & Founder)
VIDEO:Benchmark, Tune and Test to Improve Drupal Site Performance with BlazeMeter and Acquia http://bit.ly/19PTTR2
See more
Kiip was featured in a article: "A list of top LA accelerators and incubators" at 08:48am May 17
Amplify, Launchpad, MuckerLab, Idealab and Science among those churning out new startups See more
BetterWorks was featured in a article: "A list of top LA accelerators and incubators" at 08:48am May 17
Amplify, Launchpad, MuckerLab, Idealab and Science among those churning out new startups See more