Press
Turn Opens New York Office
New Office Responds to Rapidly Growing Demand from Publishers, Advertisers, and Agencies
Redwood City, Calif.,—September 11, 2008—Turn Inc., the smart market for online advertising, today announced that it has expanded its national presence by opening a New York office that will serve as the company's East Coast headquarters. The office will be central to the company's expansion efforts and will be critical for servicing Turn's new and existing clients in that region.
The expansion into the New York market is a result of increased demand for Turn's marketplace and represents an important step for Turn. The company has seen rapid growth since its inception and is making this strategic move to sustain its robust growth into 2009. The expanded footprint will enable the company to better serve advertisers in New York as well as other key East Coast areas such as Boston, Philadelphia, Washington DC, and Florida. Turn's corporate headquarters is located in Northern California.
"It has become clear over the past 7 months that our model is changing the rules of online advertising. We've become a top 20 ad platform generating over 2.5 billion monthly impressions with 94 million unique users per month, and we continue to see exponential growth," comments Jim Barnett, CEO of Turn. "The opening of our New York office validates our national growth strategy and commitment to this important market."
Jim Clark, an industry expert and new addition to the Turn team, will lead efforts to staff and scale the New York operation as Regional Vice President of East Coast Sales. Clark joins Turn from Yahoo! where he was Director of the Network Sales Team. Prior to their acquisition by Yahoo!, Clark was an early member of the Right Media sales team and quickly became a top revenue generating Account Director during his tenure there. Clark was also the number one Sales Executive for 24/7 Real Media's search division. Brendon Gallagher, previously with Tacoda and MIVA, has also recently joined Turn as the region's first Senior Sales Account Executive.
"We've been able to attract amazing and experienced talent to the company in the last few months," said Glenn Fishback, VP of Sales. "An experienced veteran like Jim Clark is critical to the success of the East Coast market. His proven track record in the industry along with his ability to develop relationships with key contacts will have an immediate positive impact on our operations in the region."
With the closing of their Series C round just last month, Turn continues to expand its sales and client services teams. Recent additions from several leading companies demonstrate the company's appeal to top industry veterans with backgrounds that provide a wealth of experience and knowledge for Turn's clients.
About Turn Inc.
Turn is the world's first Smart Market for online advertising. Employing revolutionary machine learning technology, the Turn Smart Market combines automatic targeting and goal-driven pricing to optimize ROI for over 500 premium advertisers and maximize revenue for more than 3,000 high-quality publisher websites. Turn is located in Redwood City, California. For more information, visit http://www.turn.com
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