Staq raises $2.5 million Series A - Technical.ly Baltimore

Business

Oct. 21, 2014 8:01 am

Staq raises $2.5 million Series A

The adtech company, which has offices in Baltimore and New York, was founded in 2012.

Staq cofounder Mike Subelsky.

(Photo by Flickr user Jared Goralnick, used under a Creative Commons license)

Staq, the adtech startup cofounded by Baltimore’s Mike Subelsky, just closed a $2.5 million Series A round.

The investment in Staq, which has offices in both Baltimore and New York, was led by Genacast Ventures and Core Capital. Seed round financiers Kinetic Ventures, Revel Partners and The Hive also invested in the Series A round, according to a company release.

“We’ve automated the last mile of ad operations, with programmatic reporting and analytics,” cofounder and CEO James Curran said in the release:

“Everyone in the industry has a unique tech stack and different business needs. Because of this, collection and aggregation of data from different systems has been a painstakingly manual process, until now. Our technology automates this process and offers the tools to normalize all of this data, aggregating buying data across multiple DSPs and exchanges, or revenue from many direct and indirect streams for publishers.”

Genacast founder Gil Beyda and Core Capital managing partner Mark Levine will join the company’s board of advisors.

“Every stack configuration and use case is different and our system can be customized to specific needs,” said Subelsky, the company’s CTO, in the release. “Finally, since we maintain the integrations, operations teams can launch with Staq without needing their own tech resources.”

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Where Baltimore factored into that ’60 Minutes’ feature on Rise of the Rest

Millennial Media alum Matt Gillis joins Clean Creative as CEO

JMI Equity closes $1.2B fund focused on investing in software companies

SPONSORED

Baltimore

At 14 West, only go-getters need apply

Baltimore, MD

SmartLogic

Product Designer

Apply Now
Baltimore, MD 21201

Agora Financial

Jr. Project Manager / Business Analyst

Apply Now
Baltimore, MD

SmartLogic

Developer

Apply Now

idfive is offering a paid social design apprenticeship this summer

Warschawski is turning a former church into a new HQ

Joe Flacco looks to deliver for Baltimore-based meal kit service

SPONSORED

Baltimore

Learn to lead digital transformation at Phorum 2019

Baltimore

Mindgrub

Automation Engineer

Apply Now
1629 Thames Street Suite 400 Baltimore, MD 21231

Contrast Security

Software Engineer Java

Apply Now
1629 Thames Street, Suite 400 Baltimore, MD 21231

Contrast Security

Software Engineer Ruby

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!