Forbes: New automated tech firms reshaping digital media

Forbes.com posted an insightful piece today on the rise of an emerging set of ad technology companies that are helping brands conduct their media buying more efficiently and effectively as people increasingly spend their lives online.

Mpire Corporation, maker of both WidgetBucks and AdXpose, was among the private companies cited in this lengthy article. The other technology companies in the piece include Mpire partners OpenX, Rubicon Project and Pubmatic, as well as Google and Yahoo! [full article here]

Matt Hulett, Mpire's CEO, (pictured) was quoted in the article -- "We've seen half a billion dollars of venture capital poured into building optimization and planning companies." -- and Mpire's new service -- AdXpose -- was highlighted as well:

This week, Hulett's firm unveiled an application to help advertisers track on which Web sites networks place ads, where on the actual screen the ad appears and if Web surfers pause their cursor over the ad. The tool is intended to help marketers better figure out how much of their ad spending is essentially worthless.

For more information and background on AdXpose, check out last week's press coverage, press release, and demo on YouTube.

Widgetbucks - It's Time to Vote! Seattle 2.0 Awards 2009

This may be considered a very "local thing" but every vote counts, no matter its location. The Seattle 2.0 Awards recognizes accomplishments and exceptional people of the best of over 300 Seattle area technology startups. Voting ends April 28.

WidgetBucks is honored to be a finalist in four categories:

• Best Startup CEO: Matt Hulett
• Best Startup Technologist: Greg Harrison
• Best Blog from/about Startups: Startup Whisperer by Matt Hulett
• Best Venture Capitalist: Bill Bryant, WidgetBucks board member and Venture Partner at Draper Fisher Jurvetson, which led WidgetBucks' Series B funding in June 2008.

Those outside of the Seattle area may not realize the amount of innovation coming from the Puget Sound region from names like Picnik, Redfin, Wetpaint, iLike, and BuddyTV. Check out a full list here. We encourage to offer up your support and vote.

Here's a full list of categories -- Vote now!

• Best Startup
• Best Boot-strapped Startup
• Best Startup CEO
• Best Startup Technologist
• Best Venture Capitalist
• Best Angel Investor
• Best Startup Product Designer
• Best Service Provider to Startups
• Best Blog from/about Startup
• Best Social Event for Startups

Widgetbucks Make Room for AdSpace - Special Discount Code Available

There is a new conference called the ADSPACE Contextual Advertising Conference + Expo on April 22, 2009, at the Moscone Center West in San Francisco. It is co-located and associated with the ad:tech conference that runs April 21-23.

There are two tracks, one focused on small to medium sized publishers and another focused on advertisers. WidgetBucks CEO Matt Hulett is participating on a panel, "10 Proven Methods to Increase Your eCPM and Generate More Revenue." Hats off to the folks who put this together -- it promises to be a very informative few days.

For those who might want to attend, here is an early bird code that is good thru this Friday: Promo Code: ADSPACEB. It will deduct 20% off the rate of $395. At times like this, every bit helps.

See you in San Francisco. by Dean

Peek Inside WidgetBucks with Fast Company TV's Robert Scoble, Part I

Blogger, tech evangelist, author and widely-known tech geek Robert Scoble of Fast Company TV recently visited WidgetBucks' offices in Seattle, Washington, on a recent trip to the Pacific Northwest. He spent some time chatting (and videotaping) WidgetBucks CEO Matt Hulett about the company's background, what we're focused today and where we're headed tomorrow. Check out the video below or directly on the site here, and stay tuned tomorrow for Part II here on the WidgetBucks Blog.

Robert also interviews WidgetBucks Chief Technology Officer and Co-Founder Greg Harrison, who explains WidgetBucks' biggest challenge today, its stance on cloud computing and iframes, as well as how lack of Flash capability on mobile devices like iPhone limit the user experience, especially with ads.

Part I of II (Part II comes tomorrow)

WidgetBucks Reporting: Enhanced (and Proud of It)

Don't say we didn't warn you. When you use WidgetBucks' updated MyWidgets reporting pages, you are knowingly and willingly using performance-enhancing data. That's what WidgetBucks publishers are going to find when they log in to MyWidgets reporting pages today. Publishers can now:

• view by-country reporting within their MyWidgets page
  
• download data reports as a CSV file (to view within Excel)
  

We heard from many publishers who wanted this feature given their amount of blended domestic and international traffic, so the wait is over. This change ultimately helps you as a publisher figure out exactly how much you are making in the U.S. versus the UK, Germany or France, for example. (See WidgetBucks' full list of CPC and CPM countries)

In all, publishers' MyWidgets pages now consist of four reporting sections, or tabs:

• Summary. This view continues to roll-up of all impressions, earnings and total eCPM, along with the graph of daily earnings and all the widgets you've created listed below.
• Widget Detail. This view breaks down the performance of the widget by the type of advertising "views" (as we call them) of CPM, CPC, and International CPM (that is, CPM ads for countries not supported by a CPC widget) advertising.
• Referrals. This view lists all your referred WidgetBucks publishers and what amount you've earned through them. In case you haven't heard, WidgetBucks has increased its Referral Program payout to 15%! Check out our new referral creatives here.
• By Country. As discussed above, this view breaks down the traffic at the country level for impression, click, and revenue volumes. Each of these reports can provide useful information for optimizing our advertising to best fit your site and the type of traffic you receive. Note that the country-level reporting is only from February 5th forward. We had to change some of the ways we tracked data and this could not be applied retroactively to provide a more historical view.

Combine all four tabs (click the screen shot above for a better view) with the ability to download any report to a Excel/CSV file and the analytic crowd can have some fun playing with the data. We hope these new features prove useful to you and as always, we welcome your feedback on things you'd like to see added to the WidgetBucks platform.

If you feel you are having trouble with these new features, please contact us at WBHelp [at] widgetbucks [dot] com

- Gary Kamikawa
VP, Interactive Marketing
WidgetBucks

Widgetbucks PaidContent: In A Widget Economy, Is Your Ad Smart Enough?

The notion of a "widget economy" was the focus of a post today by PaidContent writer Tameka Kee, who took a look back at recent investments in widget companies and asked, now a year later, if the opportunity is still viable. It's an interesting read, which includes WidgetBucks.

eMarketer analyst Debra Aho Williamson provided this perspective in the article: "This is still a developing market, and most of the companies are spending their resources on making the widgets smarter, more intuitive and improving their tracking capabilities." Kee called out WidgetBucks and Gigya as those companies that have built in-depth analytics and other features into widgets.

If you are a WidgetBucks publisher, you know this means YieldSense, WidgetBucks' yield-optimization technology that makes publishers' ads super smart so they provide the best rate of return.

WidgetBucks Profiled on Vator.tv

Earlier today, Vator.tv, the voice of the entrepreneur, posted a WidgetBucks profile on its site along with a video interview with CEO Matt Hulett. If you haven't looked into Vator.tv, you should. It's a social media company for businesses, leveraging community-generated content to connect investors, strategic partners and startups. The site's CEO and co-founder is Bambi Francisco, who started the site a little shy of two years ago. If you've followed the tech space for any length of time, Bambi's name probably rings a bell. She's written for Dow Jones MarketWatch and also produced at CNN's financial news network.

She did a nice job of capturing WidgetBucks in this piece. Check out the written piece here or the video below, and/or view WidgetBucks' profile on Vator.tv.

Michael Vernon Joins WidgetBucks Board

Former aQuantive CFO Michael Vernon Joins WidgetBucks Board. I wanted to jump on the WidgetBucks' blog this morning and share with everyone that Michael Vernon has joined our Board of Directors. For those of you who know about Michael, this is a real coup for us here at WidgetBucks. For those of you who don't, Michael was the former CFO at aQuantive (acquired by Microsoft in 2007 for $6B -- yes, with a B) so he knows online advertising technology, knows how to inject ‘big thinking’ into an emerging company like ours, and he's a fantastic complement to our existing experienced Board and management team. His background includes being responsible for financially guiding aQuantive to profitability and a multi-billion dollar market cap before the Microsoft acquisition.

He joins WidgetBucks' Board at an important time, as we hit our second full year of rapid growth after seeing ad impression volume grew by 150 percent over the course of 2008.

In Michael's words: “When it comes to core fundamentals within the online advertising space – monetization, expansion and targeting – WidgetBucks is well positioned to be a big ad play. What further attracted me to this appointment is the management team’s successful history, new proprietary optimization technology, including YieldSense, and their sound financial backing and infrastructure.”

We've added a lot of industry experience lately. Michael is the third industry veteran to join WidgetBucks’ management team and/or Board in the last several months: Chief Revenue Officer Kirby Winfield joined in August, while Chief Financial Officer Jeff Bergstrom came on board in October. Combined, the two chief officers represent over $3 billion in shareholder value from past acquisitions.

WidgetBucks Secures $10 Million Investment to Expand Ad Widget Network

We're very pleased today to announce that WidgetBucks has secured $10 million in Series B funding.

The investment was led by Draper Fisher Jurvetson, one of the world’s premier venture capital firms. Ignition Partners, which supplied the company’s original venture backing, also participated in the financing. This investment really allows us to expand our vision as an ad network, which will only mean great things for our publishers.

We plan to put greater resources into our YieldSense technology to further optimize your earnings and simplify your ad serving decisions. We also plan to build more revenue options around our ad widgets, including more ways to monetize international traffic and increase the number of ad model options for you. And finally, we'll continue innovating around ad design and content for those ads, creating things such as mash-up ads with a choice of content feeds within the same widget. Expanding our team is also a priority, particularly around engineering, sales and support.

According to Bill Bryant (pictured at left), startup veteran and venture partner at DFJ, the investment decision in WidgetBucks was simple. “DFJ invests in companies that are bringing disruptive technology to major sectors of the Internet economy. We love what WidgetBucks has built around its ecommerce platform. While the recent growth has been phenomenal, what we invested in is the promise to truly transform performance-based advertising for publishers.”

Since launch in October 2007, WidgetBucks has had rocket-ship growth, and your participation as a publisher has brought us to this successful milestone. We just surpassed 5 billion total ad widget impressions, and July is projected to be our first 1 billion impression month.

Again, we appreciate your participation in our program. As our ad network continues to "season" and mature, we look forward to expanding your earning potential.

Click the YouTube logo to see a video message from myself and CTO & Co-Founder Greg Harrison. Also read our full press release here.




Matt Hulett

Reminder: WidgetBucks Rolling Out New Ad Type

As indicated in a recent newsletter to publishers, WidgetBucks publishers should soon begin seeing an increase in display CPM rates due to the introduction of pop-under ads. These are ads that display in a new browser window behind the current browser window, and will appear to both U.S. and international viewers. Revenue and impressions from these ads will be rolled into the existing "CPM Display Ads" buckets, and as a reminder, log-in to your active widgets and confirm if you would like to opt-in or opt-out of this revenue opportunity. This opt-in/opt-out option is also provided when creating new widgets. Currently the pop-under frequency is set to one display for each visitor per day (24 hours).

WidgetBucks Cracks comScore's Ad Network Report

Just six months after inception, WidgetBucks is getting recognized as one of the Internet's leading ad networks, according to the March 2008 comScore Media Metrix U.S. Ad Network report. See comScore's Ad Network press release, where they focus on niche ad networks, such as WidgetBucks, that are emerging to help advertisers target specific audiences. Also see our own release for more details.

Ranked No. 33, WidgetBucks is the first-ever ad widget network to enter this advertising-focused report. While they don't hand out 33rd Place ribbons, presence on this list is more significant than actual position, according to Jeff Hacket, vice president sales at comScore, Inc.:

“The addition of WidgetBucks in our March 2008 report underscores the growth of niche ad networks and the role widgets are beginning to play in online advertising."

Inclusion in the March 2008 report comes as WidgetBucks, which has gone from zero to three billion impressions in its first six months, expands beyond shopping widgets. Publishers will soon be able to earn money through interactive travel, pay-per-call and local ad widgets (currently in private beta), and later this quarter, real estate, auto and text link ad widgets.

- Dean

WidgetBucks' RPCs Rebounding

Over the last 48 hours, many publishers have been seeing a steady increase in their RPC (revenue-per-click) rates, recovering from last week's drop. We have been able to make progress on pricing issues with partners much more quickly than first predicted, and as a result the RPC increases can be seen across most categories and climbing toward pre-drop levels. Thank you for your patience.

- Dean

WidgetBucks - CPC and CPM Rate Update

This post touches on a couple revenue updates, largely around recent shifts in CPC (cost-per-click) rates and the baseline CPM rate publishers are seeing for U.S. and Canadian traffic.

CPC

CPC rates have have dropped significantly since this past weekend (March 29-30). Widgetbucks are working through those issues with partners right now and anticipate these rates will rise again within the next seven days. Incidentally, this drop Widgetbucks are seeing is not unique to the WidgetBucks network when it comes to shopping CPC rates right now; nonetheless, Widgetbucks working to get those CPC rates back to their week-ago levels.

CPMs within "Hybrids"

After launching combination CPM/CPC "hybrid" ads nearly a month ago, Widgetbucks are seeing a baseline .$25 CPM across the board and anticipate this to hold steady or even rise over time. Widgetbucks are working with a number of large ad networks to provide top brands within the CPM rotation, and currently Widgetbucks seeing ads that are contextual, and targeted by geography and category, and as a result, these are remaining competitive.

A number of Widgetbucks publishers have updated their code to take advantage of this extra and/or off-setting revenue. If you haven't done so, Widgetbucks encourage you to check out this post for instructions on how to update your site code.

WidgetBucks MediaWeek: Advertisers Embracing Widgets

MediaWeek's Digital Download reports on widget's bright future, which was heavily bandied about at this week's Media Summit in New York. Writer Mike Shields points out that "advertisers and media companies are beginning to embrace the power of widgets."

One source within Shields' piece predicts online ad networks will serve largely as widget distribution platforms. Widgetbucks feel this prediction has no merit...the future is already here! In the opinion of WidgetBucks, we're living it. Our ad widget network is firmly planted between innovative widget makers (i.e. RockYou, Slide), which are trying to figure out how to make money, and online advertising networks, such as ValueClick, Tribal Fusion and countless others, where innovation is spotty.

WidgetBucks already provides a combination of built-in business model (shopping widgets now, more to come soon), proprietary technology (i.e. YieldSense, MerchSense, and mass distribution (3 billion impression mark is quickly approaching). And as a result, we're one of the fastest growing networks today.

Read the rest of the MediaWeek piece here.