AdStage has raised a new round of $1 million in funding from Digital Garage — a Japanese tech incubator and early Twitter investor — and revealed 4 new apps, according to AdStage Director of Marketing & Product Sam Mazaheri. The company has raised $2.53 million in total, with investors including Freestyle Capital, Quest VP, Dave McClure/500 Startups, Jason Calacanis and others.
Last February, AdStage made headlines at San Francisco’s LAUNCH Festival, where it won the ‘Best Business’ award and judge Robert Scoble declared, “This is the hottest idea I’ve seen so far.” AdStage’s platform allows brands to set up individual ad campaigns across Google AdWords, Facebook Ads, LinkedIn Ads and Bing Ads, helping businesses make decisions on money allocation through real-time result monitoring.
CEO Sahil Jain dropped out of high school at 17 to join Yahoo! Mobile, dropped out of UC Berkeley at 19 to join AOL, and co-founded the web developer mobile platform Trigger.io at age 20.
“The industry has historically punished ‘ad tech’ companies because they were really agencies masquerading as tech companies,” Jain said. “We’re ushering in a new era of ad technology and using this new capital to pour fuel on that fire. We’re aggressively hiring and pushing forward in full force.”
Among the new apps is Ad Scrambler, which allows advertisers to create and AB test dozens of ad variations across multiple networks automatically.