Company Overview
Snapshot
Founded in January 2010, Vexigo operated with 11–50 employees. The company raised $1M across one funding round from David Shushan and Tzvika Friedman. Vexigo was acquired by Mer Telemanagement Solutions in February 2015, ceasing operations.
Business overview
Vexigo was a global provider of online video advertising services, specializing in video advertising solutions for online and mobile platforms. The company delivered results through its proprietary, in-house patent technology and an effective publishing platform designed for content publishers. Vexigo engaged multiple ad formats and interactive ad units with a cutting-edge optimization platform, providing precise targeting in a safe environment for advertisers and website owners. It operated within the Business Software sector, specifically in Sales & Marketing Solutions and Advertising Platforms, serving markets such as Commerce & Retail and Media & Entertainment.
Strategic signal
In February 2015, Vexigo was acquired by Mer Telemanagement Solutions, leading to the cessation of its operations. This event signals a strategic exit for the company, indicating a consolidation within the video advertising and content monetization space. For investors, it highlights the potential for acquisition as a liquidity event in this sector, even for companies that subsequently cease independent operations.
Company Intelligence Q&A
- What was Vexigo's primary business focus?
- Vexigo specialized in providing cross-platform video advertising services, utilizing proprietary technology and a publishing platform for content publishers to deliver online and mobile video advertising solutions.
- When was Vexigo founded?
- Vexigo was founded in January 2010.
- What was the outcome for Vexigo in early 2015?
- In February 2015, Vexigo was acquired by Mer Telemanagement Solutions and subsequently ceased to operate.
- How much capital did Vexigo raise?
- Vexigo raised a total of $1M in November 2012 from investors David Shushan and Tzvika Friedman.
- Did Vexigo have any notable partnerships before its acquisition?
- In November 2012, Vexigo partnered with Yahoo! to expand its reach in the video advertising market.