supersonic ads logo

Supersonic Ads Raises $4.2 Million from Greylock

SupersonicAds, the London-based Israeli startup developing social in-game advertising solutions, has announced the completion of a $4.2 million round led by Greylock Israel. $6 million have been invested in the company to date, and as a result of this round, Greylock IL partner Yoram Snir will join the board of SupersonicAds.

SupersonicAds, the London-based Israeli startup developing social in-game supersonic ads logoadvertising solutions, has announced the completion of a $4.2 million round led by Greylock Israel. $6 million have been invested in the company to date, and as a result of this round, Greylock IL partner Yoram Snir will join the board of SupersonicAds.

Recently, SupersonicAds was selected as one of the few companies allowed to sell Facebook credits, enabling the startup to run brand engagement campaigns and direct response offers for Facebook Credits.

The funding will be used to expand the international presence of  BrandConnect, the Cost Per Engagement monetization solution for social games. SupersonicAds reports that BrandConnect in-game videos and widgets have been receiving 20-80% engagement rates and benefiting from a captive targeted audience. Users are incentivized to take action during the game, in order to gain Facebook credits, that can later be used on social games, virtual goods, etc.

Some brands are already using the SuperSonicAds units, including Kellogg’s, Hasbro, and Disney. The metrics that were shared in the press release suggest an increase in Facebook “Likes” and high engagement on the video front:

  • Over 50% (and up to 80%) of people exposed to a campaign viewed the entire video
  • More than 20% of people who viewed a video Liked the brand on Facebook
  • Greater than 40% of people who viewed the video later visited the brand’s website

This video demonstrates an example of Brandconnect in action:

Gil Shoham, CEO of SupersonicAds said:

“This investment from Greylock will enable us to grow our global team faster and continue to deliver outstanding results for leading brands and publishers.”

SupersonicAds is headquartered in London, UK, with satellite offices in the US and Israel. It currently employs about 26 people.

Follow me
Co Founder and Managing Partner at Remagine Ventures
Eze is managing partner of Remagine Ventures, a seed fund investing in ambitious founders at the intersection of tech, entertainment, gaming and commerce with a spotlight on Israel.

I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.

I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
Eze Vidra
Follow me
Total
0
Shares
Previous Article

First Half of 2011 Showed Boost in Later Stage VC Deals in Israel

Next Article
multimi avg zbang vc cafe

Israeli startup Zbang Launches Social-Inbox Multimi with AVG

Related Posts
venture capital investments in israel q2 2010
Read More

Crisis Shmisis: Q2 2010 Closes with 40 deals and more than $400 million raised in Israel (Deal Summary)

The second quarter of 2010 has come and gone and despite the depleting VC and incubator capital in Israel, the quarter has brought approximately 40 deals with over $400 million invested

Zeev Holtzman: Israeli VC is on the verge of collapse [but wait, there’s more]

Zeev Holtzman, founding partner of Giza Venture Capital and founding member of the Israel Venture Association (IVA), cautioned that “Israel’s venture capital and startup industry is heading for collapse. The industry, which is the economy’s growth engine, is liable to be irreversibly damaged", in a recent interview to the Venture Capital Journal
Total
0
Share