Seasoned Industry Veteran Delivers IPO Experience to Guide Company’s Acquisition and Expansion Strategy in 2012
New York – PubMatic (http://www.PubMatic.com), a media technology company that provides a holistic inventory, data and advertising revenue optimization platform for digital publishers, today announced that Steve Pantelick has been appointed to the position of Chief Financial Officer. He brings more than 20 years of experience in driving growth, strategy and operations for leading brands such as Kodak Gallery, Blockbuster, Cadbury Schweppes and Aggregate Knowledge.
As CFO of Ofoto/Kodak Gallery, Pantelick helped build one of the world’s leading online digital imaging companies. In addition to finance, he was also responsible for overseeing the Company’s printing and customer service operations. Earlier in his career, Pantelick held numerous senior executive positions at Blockbuster, helping take the company public in 1999. He served as COO of Blockbuster’s New Media Division, Senior Vice President of Strategic Planning, and Senior Vice President of Finance among other roles. Prior to Blockbuster, Pantelick spent seven years with Cadbury Schweppes in a variety of senior finance roles in Europe and the United States. Pantelick earned an MBA from the Tuck School of Business at Dartmouth and an A.B. degree from Harvard College.
“We are delighted to have Steve join our team. His deep leadership experience with fast-growth companies, both in the United States and in Europe, will help maintain PubMatic’s rapid growth trajectory as we expand into new territories, launch new products and services, and secure more premium customers,” said Rajeev Goel, Co-Founder and CEO of PubMatic.
Pantelick joins PubMatic at an important time for the online advertising and publishing industries. As the media ecosystem continues to expand, more digital publishers are turning to PubMatic to manage real-time bids, audiences and data. As publishers’ go-to partner for greater revenue and control, PubMatic maintains a brisk pace ofinnovation and expansion of services including the establishment of European offices, the acquisition of ReviNet and the release of state-of-the-art data management and mobile products. As a result, PubMatic has grown GAAP revenue 51% from Q2 2011 to Q3 2011 and 33X in the last two years.
“PubMatic is entering an exciting phase in its life that resembles other high-growth companies that I’ve worked with. My experience helping innovative companies expand their global footprints and build IPO ready businesses fits well with what PubMatic is doing as it moves into Europe, Asia, and delivers leading edge technology to its rapidly expanding group of publishers,” said Steve Pantelick.
About PubMatic
PubMatic’s (http://www.PubMatic.com) ad management and monetization technology combines an impression-level ad auction, the most comprehensive brand protection tools, and enterprise ad operations support to give the Web’s top publishers the most control over their revenue and brand. Some of the world’s most respected online publishers have chosen to work with PubMatic, including The Huffington Post, eBay, United Online, TV Guide, and the majority of the comScore Top 10.
PubMatic is privately held, backed by funding from Draper Fisher Jurvetson, Nexus Venture Partners, and Helion Ventures, and has seven offices around the world in the US, Europe, and Asia.
