iSocket is a technology platform designed to simplify guaranteed
media sales. It is notable as the first company to facilitate the programmatic buying of direct, guaranteed display ad inventory.
iSocket has two products: iSocket for Publishers (iFP) and iSocket for Advertisers (iFA). iFP is a suite of sales automation and programmatic direct tools that help publisher sales teams streamline the direct sales process. iFA is an automated buying tool that makes it easier for agencies, and brands to buy well-defined, guaranteed inventory directly from publishers in the iSocket catalog. Through automation, iSocket is able to eliminate many of the errors and overhead costs that plague the manual media sales process.
iSocket was founded in 2008 and is located in San Francisco, California with additional offices in New York City. In 2011, Google's DoubleClick For Publishers ad server partnered with isocket to bring direct sales into the DFP platform. In October 2011, after the rise of programmatic
real-time bidding
Real-time bidding (RTB) is a means by which advertising inventory is bought and sold on a per-impression basis, via instantaneous programmatic auction
An auction is usually a process of buying and selling goods or services by offering them u ...
for remnant display ad inventory through
API
An application programming interface (API) is a way for two or more computer programs to communicate with each other. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how ...
s, isocket announced the first API platform for premium inventory. This gave advertisers the ability to find and buy direct, guaranteed advertising through an API for the first time.
In October 2012, iSocket raised a $8 million in a round led by Foundry Group. In February 2014, iSocket announced an additional $5 million led by Time Warner Investments and Conde Nast.
In November 2014, iSocket was acquired by the publicly traded company Rubicon Project.
"Rubicon Project Buys iSocket to Automate Ad Buys"
Wall Street Journal 2014-11-17. Retrieved 2014-11-17.
References
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External links
Official iSocket website
Online advertising services and affiliate networks