SOURCE: Sociomantic Labs

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June 25, 2013 08:10 ET

Former European Google Manager Rohit Kumar to Launch Sociomantic Labs in Southeast Asia

Founding Member of Google's Ad Exchange Team to Lead Singapore Operations for Disruptive Global Digital Advertising Technology Company

NEW YORK, NY--(Marketwired - June 25, 2013) -  Sociomantic Labs, the leader in intelligent performance-driven digital advertising solutions for eCommerce marketers, today announced that Rohit Kumar will join the company as Managing Director, Southeast Asia. Rohit will assume responsibility for the company's Singapore-based operations and spearhead the company's effort to bring next-generation performance marketing capabilities into the Southeast Asia market beginning July 1.

Key Facts:

  • Rohit brings deep expertise in the online marketing industry gained from years of experience at Google. He joined Google in 2007 and in his most recent role was managing buyers, networks, retargeters, demand-side platforms, agencies, and advertisers in the UK, Nordics, Eastern Europe, and emerging markets.

  • Sociomantic's entry into Southeast Asia marks the first time that advertisers in the region will get the chance to advertise on the Facebook Exchange (FBX) using Sociomantic's real-time bidding and dynamic creative optimization technologies. The platform is also one of the first in the region to offer personalized display advertising for mobile and tablet devices.

  • Prior to joining Sociomantic, Rohit ran his own ad technology advisory business working with exchanges, buying platforms, agencies, and advertisers. Prior to that he was one of the founding member's of Google's Ad Exchange team, leading the commercialization of the Ad Exchange product and bringing RTB technology to the marketplace in early 2010.

  • Before his work on Ad Exchange, Rohit was Industry Manager for Google's Automotive team, where his role involved advising blue chip automotive clients on their online advertising strategies. He has a degree in economics from University of Madras in India and a Master's degree in management from the London School of Economics.

  • Rohit joins Sociomantic at a time of rapid organic growth for the company:

    • In May Sociomantic announced the launch of its first APAC office in Mumbai, led by former Google country manager Mahesh Narayanan.

    • Last fiscal year, Sociomantic grew 5 times from 20 to 100 employees and expects to double headcount again in the next 12 months.

    • Today, Sociomantic delivers intelligent digital display campaigns for eCommerce advertisers in more than 50 markets worldwide.

    • Remarkably, the company has managed all of this growth without accepting any external funding to date.

  • According to the APAC Digital Marketing Performance Dashboard research from CMO Council in partnership with Adobe Systems, Singapore is expected to see the biggest increase in digital investment among Asian markets this year. In fact, nearly 30 percent of Singapore marketers surveyed in the Dashboard plan to increase digital marketing, with Singapore also leading the survey in terms of use of analytics and reporting technologies.

Key Quotes:

  • "The Sociomantic growth story has been staggering so far, and I am excited and honored to join this great company," said Rohit Kumar. "As a key buyer on the Google Ad Exchange, I have been close to their business for years, and what has consistently impressed me about this company is the technical superiority of their real-time bidder, the pace of innovation and the people behind the technology. Display advertising is at a transformational point and no company is better placed to lead this change than Sociomantic."

  • "As a founding member of the Google's EMEA Ad Exchange team and a longtime partner of Sociomantic, Rohit has demonstrated an unmatched knowledge of the programmatic display space," said Thomas Brandhoff, Sociomantic co-founder and managing director. "But what's even more important is his deep familiarity with the challenges that eCommerce marketers face today, and his understanding of how advanced display technologies can help marketers to surmount many of those obstacles."

  • "As one of the first companies to offer high-performance display advertising solutions to eCommerce marketers in Southeast Asia, we are thrilled to have someone as with as much market expertise and enthusiasm as Rohit to lead the charge as we continue our expansion both within the APAC region and worldwide," said Sociomantic CEO Jason Kelly.

About Sociomantic Labs:

Sociomantic Labs delivers "segments of one" marketing at scale by driving incremental sales and boosting customer lifetime value (CLV) with individually personalized display ads. Sociomantic helps performance-driven marketers in more than 50 markets worldwide to engage new and existing customers by leveraging first-party revenue management, customer loyalty and CRM data, and intelligent display solutions such as real-time bidding, stream-based data management, dynamic ad personalization and real-time reporting. These solutions are delivered hand-in-hand with a dedication to exceptional customer service from over a dozen local offices across four continents.

Our Global Footprint:

Sociomantic's global footprint encompasses offices in Berlin, Warsaw, Paris, Amsterdam, Sao Paulo, Moscow, New York, London, Madrid, San Francisco, Chicago, Mumbai, and Singapore.

Resources:

© 2013 Sociomantic Labs Inc. All rights reserved. Sociomantic Labs is a trademark of Sociomantic Labs GmbH. All other trademarks are the property of their respective owners.

Contact Information

  • Press Contacts:

    Greg Peverill-Conti
    InkHouse for Sociomantic
    sociomantic(at)inkhouse(dot)com
    781.966.4114

    Nadia Gonzalez
    nadia.gonzalez(at)sociomantic(dot)com
    646.862.2943