OpenWeb aims to empower the social, open internet with the $100 million acquisition of ADYOULIKE





OpenWeb’s second acquisition in 2022 will connect engaged communities to social advertising experiences across the open internet by equipping publishers and brands with privacy-first tools.

NEW YORK and PARISApr 12, 2022 /PRNewswire/ — OpenWeb, the premium public relations platformtoday announced that it has acquired ADYOULIKEa global advertising platform.

This acquisition connects OpenWeb’s network of more than 1,000 top publishers, including Forbes, Newsweek and Refinery29, with ADYOULIKE technology, delivering brand placements to engaged communities through innovative social ad experiences. This acquisition will strengthen OpenWeb’s positioning as a complete, end-to-end operating system (OS) for the open Internet.

ADYOULIKE was launched in Paris in 2011 by Julien VerdierYohan Elmaalem, Francis Turnerand Dale Lovell, and currently works with more than 4,000 brands, agencies and publishers, including The Guardian, Reach, Prisma Media and Groupe Marie-Claire. The ADYOULIKE acquisition was made by OpenWeb for a mix of cash and stock with a total value of $100 million

“Over the past seven years, OpenWeb has partnered with the best media outlets to build thousands of healthy, engaged, and loyal communities,” he says. Nadav Shoval, CEO and co-founder of OpenWeb. “Our acquisition of ADYOULIKE enables us to leverage consent-based, first-party data and connect the most engaged communities on the web with brands, enabling a more sustainable internet.”

ADYOULIKE’s established reputation in the European market and their experienced leadership team will further drive OpenWeb’s scale and provide a new entry point to the global market. After the takeover, Julien Verdier will join OpenWeb’s executive team as the company’s General Manager of Advertising. ADYOULIKE’s 70-plus employees will also join OpenWeb, bringing the global workforce to nearly 300, with new offices in Paris and London

“It was an incredible experience building ADYOULIKE from the ground up with my co-founders,” said Julien Verdier† “Today, we begin a new chapter. We are excited to join OpenWeb – a company with a powerful and important mission – and our team is excited to find innovative ways to enable solutions for the open internet.”

For more information about the acquisition and OpenWeb, visit the OpenWeb blog here

About OpenWeb
OpenWeb’s mission is to improve online conversation. As a product company, OpenWeb works with publishers and brands to build strong, direct relationships with their audiences. OpenWeb’s technology empowers its partners to build vibrant communities rooted in healthy conversations and robust social experiences. OpenWeb works with more than 1,000 top publishers, hosting more than 100 million monthly active users.

OpenWeb, founded in 2012, has more than 295 employees in New York CityTel AvivKievSan DiegoCanadaLondon and Paris and is backed by world-class investors including Insight Partners, Georgian, Entrée Capital, The New York Times, Samsung Next, Dentsu and ScaleUp. To date, the company has increased $223 million in financing and is currently valued at more than $1 billion† To learn more about OpenWeb’s platform, visit OpenWeb.com, or follow @OpenWebHQ on LinkedIn and Twitter.

About ADYOULIKE:
ADYOULIKE is an omnichannel digital advertising marketplace that brings together top media, unique formats and inspiring advertising, partnering with more than 4,000 publishers and 20,000 active advertisers. With locations in ParisLondonand New York and a team of more than 70 people, ADYOULIKE has been reinventing advertising and strengthening the open internet ecosystem since 2011.

SOURCE OpenWeb




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