SOURCE: ShareThis

ShareThis

May 24, 2011 12:33 ET

ShareThis Continues Audience Growth in April comScore Numbers, Names VP of Product

Sharing Leader Reaches More Users Monthly Than Google, Facebook, AOL; Continues to Grow Revenue, Staff

PALO ALTO, CA--(Marketwire - May 24, 2011) - ShareThis, the world's largest market for sharing and influence, today announced that it tops the list of distributed content media networks for the second month in a row with more than 176 million unique visitors, according to April 2011 comScore data. Additionally, ShareThis continued to increase its revenue and strengthen and expand its team with the addition of Barry Grant as the new VP of product, as well as increasing its sales footprint across the country.

"The continued growth of our publisher network and the increasing demand from advertisers reflects the ongoing massive shift on the Web toward sharing. The act of sharing content and encouraging conversation around it is at the center of a whole new era of how people interact online," said Tim Schigel, CEO of ShareThis. "Adding Barry to the team will help us open new doors in our products and offerings that help publishers and advertisers recognize that changing reality and use sharing to drive their businesses."

Additional Early 2011 ShareThis highlights include:

  • According to April 2011 comScore data1, ShareThis reaches the fourth largest U.S. audience among advertising focused media properties with more monthly reach than Google, Facebook, AOL and YouTube;
  • ShareThis is the largest distributed media content network with more than 176 million unique U.S. visitors, a larger audience than the other networks in comScore's top five combined;
  • Staff has grown by 50 percent, reaching more than 50 employees this quarter;
  • ShareThis continues to expand their sales teams, with the hire of Giorgio Campo, Regional Midwest Director, in Chicago and several recent additions to the New York sales team, rounding out its national coverage for the company;
  • Revenue continues to grow each quarter, with 100 percent growth quarter over quarter.

Barry Grant comes to ShareThis from Brightroll where he led the product organization for the last three years, driving the development, launch and evolution of the Brightroll Exchange, their self-service online video advertising marketplace. Prior to his time at Brightroll, Barry spent two years at PayPal where he oversaw several risk management product programs, focusing on improving PayPal's consumer initiatives and the eBay buyer experience. Barry will bring his product development experience and expertise to ShareThis where he will play an instrumental role in the development of products to bring more value to advertisers, publishers and consumers.

"I see tremendous new opportunities in the world of social interactions. Online sharing is not just a distribution channel, it's an entire movement that's all about enhancing engagement," said Barry Grant, new VP of Product at ShareThis. "I'm thrilled to be joining ShareThis, a company that sees how important sharing is and uses it to provide valuable products to publishers, advertisers and consumers that help drive the larger Internet economy."

ShareThis is currently accepting publisher requests to participate in new product beta test. For more information, email bizdev@sharethis.com or visit http://sharethis.com/labs/

About ShareThis
ShareThis is the largest market for sharing and influence across the web, reaching more than 400 million users across nearly 1 million sites. ShareThis makes content more engaging for publishers and marketing more impactful for brands by tapping into its true influence and value. Based in Palo Alto, CA with offices in New York and Cincinnati, the company is privately held with funding from Draper Fisher Jurvetson, Blue Chip Venture Company, DFJ Mercury, Illinois Ventures, Matthew Pritzker Company, Queen City Angels and RPM Ventures and Reservoir Partners.

1 Based on comScore Media Metrix, Top 5000 entities, Expanded Category View excluding Custom Entities, April 2011.

Contact Information

  • Contact:
    Corey Lewis or Aly Brady
    LaunchSquad
    sharethis(at)launchsquad(dot)com
    415.625.8555