STAQ Announces $2M Funding Round

Funding Rounds

Summary

NEW YORK, March 13, 2018 (GLOBE NEWSWIRE) -- STAQ, the automated reporting platform as a service for digital advertising, today announced that it has closed a funding round of $2 million. The funding round included every major investor from the company’s most recent raise, a testament to STAQ’s steady growth and opportunity to capture additional market share in an expanding industry. Media companies must make million-dollar decisions in real time across channels, creative formats, and with complexities like verification and viewability tracking. “We believe the challenges in digital media will continue to increase with the rise of the advertising industry’s intense scrutiny on transparency, fraud prevention and privacy. “Media companies and others in the digital marketplace need STAQ’s integrated solution to manage a huge daily data intake, taking control of their revenue opportunities, and providing insight across the organization from executives and sellers on the front lines, to data analysts and programmatic operators at the core of the business,” said Andy Ellenthal, CEO of STAQ.

$ Funding

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Amount $2.0M Total raised
Date January 15, 2018 Announcement date
Investors Pereg Ventures, Kinetic Ventures, Comcast Ventures Lead investors
Company http://www.staq.com Funded company

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Business Intelligence

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Business Intelligence Data Integration Ad Tech

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STAQ
$1M to $5M