Project Agora secures 2nd round financing from Venture Friends to accelerate the expansion of its Publisher Monetization SaaS platform
Project Agora, the leading monetization service for publishers in Europe and the Middle East, secures 2nd round financing from Venture Friends to further accelerate the development of its SaaS platform.
Project Agora is currently helping 382 websites across the region grow their revenues. During the last 6 months it had a fantastic run, growing its revenues with a YoY rate of 143%.
“The growth we have had during the last period has been overwhelming but amazingly successful. We have substantially increased the number of cooperating websites and the depth of our partnership, while scaling up the team to 30 specialized monetization experts. This round will help us further accelerate the development of our proprietary optimization platform and our scaling efforts to help local publishers regain a bigger share of the advertising pie”, commented Odysseas Ntotsikas, Project Agora’s Founder & Managing Partner.
Apostolos Apostolakis, Venture Friend’s Partner commented: “We are very excited to further support Odysseas and the Project Agora team in their quest to improve publisher monetization in a scalable and easy to manage way”.