[May 14, 2015] |
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Ahalogy, a Pinterest Marketing Developer Partner, Raises $8M Funding
Ahalogy, an official member of the newly-created Pinterest Marketing
Developer Partners program, has announced $8 million in funding - via
new financing from JobsOhio, Silicon Valley Bank, as well as increased
investment from Origin Ventures, Hyde Park Venture Partners, CincyTech,
North Coast Angel Fund, Vine Street Ventures, Drummond Road Capital, and
other existing investors.
"Our continued growth, and the market's increasing investment in
Pinterest and partner companies like us, shows the industry is
increasingly realizing what a game-changer Pinterest is for content
discovery and meaningful marketing," according to Michael Wohlschlaeger,
Ahalogy Co-Founder and CEO.
Debt-based financing has been provided by JobsOhio and Silicon Valley
Bank. JobsOhio is a private, nonprofit promoting Ohio's economic
development. Silicon Valley Bank is the bank of the world's most
innovative companies and their investors.
To help deliver Ahalogy's next stage of growth, two industry veterans
have recently joined the company's senior ranks - Marc Cousineau as
Senior Vice-President of Engineering, and Chris Lobdell as Chief Revenue
Officer.
Cousineau is an accomplished engineering leader, who led the development
of Netflix's industry-changing "Video On Demand"technology. Cousineau
has also held senior engineering positions at Rhythm NewMedia, IGN, and
PurePlay. Cousineau's experiences uniquely suit him to help scale
Ahalogy's intelligent Pinterest and content optimization solutions,
leading Ahalogy's engineering and data science teams.
Lobdell, a veteran of companies like Google and DataXu (News - Alert), is a seasoned
sales leader of enterprise technology and digital media, bringing
Ahalogy 15+ years of revenue-growth experience. Lobdell is a frequent
industry speaker, whose partnership across winning brand marketers and
sales professionals will help deliver sustained growth of Ahalogy
marketing partnerships.
"Marc and Chris are helping bring our organization to the next level so
that we can scale along with the growth of Pinterest specifically and
content marketing in general," said Ahalogy Co-founder and President Bob
Gilbreath. "Our growing profile continues to attract senior talent, with
relevant industry-experiences from leading companies like P&G, Google (News - Alert),
Netflix, WPP, Dannon, Nielsen, and many others. Our team wouldn't be
where we are today without our amazing partners - brands, agencies,
content creators, investors, and even Pinterest. It's going to be a big
year for Pinterest and Ahalogy - and we're only just getting started."
To learn more about Ahalogy's unique Pinterest marketing capabilities,
visit Ahalogy.com
About Ahalogy:
Ahalogy is the Marketer's Solution for Pinterest™. As an official
Pinterest Marketing Developer Partner, Ahalogy's unique
Pinterest-focused marketing solution helps brands source, optimize and
scale content on the platform. Headquartered in Cincinnati, Ahalogy has
additional offices in New York City, Chicago, San Francisco, Los
Angeles, and Stuttgart. Ahalogy counts several of the U.S.'s foremost
consumer brands as clients. Visit Ahalogy.com
to learn all of Ahalogy's Pinterest capabilities.
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