AdRoll Triples 2012 Revs
Retargeting platform AdRoll reported that it surpassed a $50M run rate in 2012, tripling revenue and staff since 2011. The company added more than 600 new customers a month on average in 2012, and maintained a 97% customer retention rate. Last July, it announced $15M in new funding, led by Foundation Capital. AdRoll's SaaS platform claims 5,000+ active advertisers worldwide.