Business Issues -> Costs
Released: 22nd July 2013
Publisher: Project Sunblock
Project Sunblock, the double ABC accredited content verification platform, has successfully secured a second round of independent funding, just over a year into its commercial operation. After previously securing funding from German venture capital group Delphi, this new seven figure sum is the biggest investment the company has secured since it was founded.
After a successful first half to 2013, which has seen the company enlist its first digital media planning and buying agency agenda21, and open offices in Germany, the company is planning on using the funding to make significant improvements to the core product. The first step for developing a new beta product for use with existing clients by the end of 2013 is to make a series of senior hires at the product development level.
Project Sunblock already recognises 11 languages natively, with offices in North America, the UK, and Germany, and is designed to protect brands online from appearing on compromising websites. Earlier this year the company achieved its second ABC accreditation, responding to changes in client defined inappropriate content in under a minute. The platform enables brands to execute online advertising campaigns more effectively whilst limiting reputational damage, and is the product of the online advertising buying process becoming increasingly automated.
Duncan Trigg, CEO Project Sunblock said: “With significant venture capital funding on board,we will be able to take our market-leading product to the next level. This year we’ve secured some top target clients and gained our second ABC accreditation, so this investment will only add to our momentum. By using these new funds, we will be able to enhance our offer to the market.
“We have identified talent we wish to hire at the product development level and feel confident that a new influx of expertise will help to improve the look and functionality of our core product. As we have seen recently with Facebook’s advertising issues, companies can no longer accept their brands being compromised in this way, and advertisers need to start delivering more value from the campaigns they execute. Project Sunblock ticks both these boxes simultaneously.”
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About Project Sunblock
Project Sunblock is a leading brand protection solution, developed to protect brands that advertise on the internet. Providing content verification solutions in 11 languages, the company has achieved accreditation from the Audit Bureau of Circulations (ABC) and is recognised as the only tool able to react to real time changes in page content. By using IBM’s global filter database, which analyses 150 million URLs per month, Project Sunblock helps brands such as Microsoft Advertising mitigate the risk of their advertising appearing on inappropriate websites.
Project Sunblock is headquartered in the UK, with offices in the Unites States and Canada. For more information please visit Project Sunblock’s website
Published by: electronicdawn Ltd.