Delve Networks Taps Tremor Media For Online Advertising Capabilities
Video Ad Network Bolsters Delve's Advanced Video Platform, Provides Delve Customers with More Opportunities to Monetize Content Through Video Advertising
SEATTLE, Oct. 1 -- Delve Networks, producer of the web's most advanced video distribution platform, today announced that it is teaming with leading online video advertising network, Tremor Media, to provide Tremor's leading-edge advertising solution for its customers. Delve will leverage Tremor Media's next generation video monetization platform, Acudeo, which allows publishers to schedule and dynamically deliver in-stream video and overlay ads from multiple ad sources through one central console, maximizing ad delivery opportunities and revenue.
"This partnership with Tremor Media underlines the growing strength of Delve's video platform and our reach. Our customers are looking for video advertising solutions and we are pleased to help them monetize their video streams with a variety of ad units. As online advertising continues to evolve and gain higher CPM's, we look forward to providing this option to more and more content publishers who use the Delve advanced video platform," said Alex Castro, Delve's CEO.
Delve Networks' breakthrough online video publishing platform offers publishers an innovative and accessible user interface as well as state-of-the-art tools to upload, manage and track the performance of their online video. Delve is the first video platform to offer semantic video web technology and HeatMap functionality, which enables users to navigate within a hosted video file to find the desired content.
"Tremor Media offers Delve Networks the key components for maximizing the value of online video and facilitates video monetization for its customers," said Vincent Obermeier, vice president of network development at Tremor Media. "We're excited to partner with Delve as they continue to expand their platform and offer customers the best solutions and technology for monetizing online video content."
According to eMarketer, there has been a 55.9% increase in online video ad spending in 2008. Approximately 130 million consumers are expected to have watched an online video ad by the end of the year. Despite current economic sentiment and advertiser spend predicted to decline, online video advertising is expected to reach $5.8 billion by 2013.
About Delve Networks
Delve Networks is changing video on the Internet with its advanced video platform. The company's advanced; patent-pending technology meets the market's need for efficient video publishing and monetization of video content. The Seattle-based company, founded in 2006 by industry veterans from Amazon, Yahoo, Microsoft, Inktomi, RealNetworks, and Bell Labs, uses proprietary semantic video web technology to allow users to find the content they want within video. Delve is backed by DFJ Frontier, Intel Capital, and Labrador Ventures. Delve was named an AlwaysOn OnHollywood 100 Top Private Company in 2008. For more information and to view a demo, visit www.delvenetworks.com.
About Tremor Media
Tremor Media is the leading online video advertising network providing advertisers with both in-banner and in-stream video advertising opportunities on over 1,400 top-tier publisher sites with more than 126 million unique visitors per month.
Tremor also offers the Acudeo Video Monetization Platform for publishers, a full suite of products and services to monetize streaming video and maximize ROI. Tremor's full service solutions offer the necessary tools for advertisers and publishers to utilize online video advertising as a powerful interactive medium. For more information visit: http://www.tremormedia.com/.