Le Lézard
Classified in: Science and technology
Subjects: Product/Service, Sales

AdRoll Group Posts Double Digit Growth, Fueled by New PaaS, Data and Licensing Revenue


AdRoll Group, a leading marketing technology as a service company, today announced the company achieved 16 percent revenue growth in the second quarter of 2019, and that it expects growth to continue to accelerate in the second half of this year. The company's profit has grown by 300 percent year-over-year, and headcount is forecasted to grow 35 percent over the next twelve months as the company scales into rapidly emerging software and data opportunities.

AdRoll Group also reported a strong sales pipeline across its RollWorks and AdRoll business units, which serve ambitious B2B and DTC companies respectively. To support and drive this growth further, the company made several key hires at senior levels over the past quarter. Additionally, AdRoll Group recently opened new offices in Boston and Salt Lake City, with plans to double headcount at its Salt Lake City office, to more than 100 employees, by 2020.

Drivers of the company's growth extend across AdRoll Group.

"Over the past year we have deepened and diversified our product offerings in our two business units, hired top-level talent, and expanded our PaaS offering," said Toby Gabriner, CEO of AdRoll Group. "Most importantly, our customers are telling us that our products and solutions are driving tangible business results that positively impact their bottom lines. As we look toward the rest of the year and into 2020, we will be releasing more industry-leading marketing and advertising products that enable our customers to accelerate their growth."

Expanding AdRoll Group's Leadership Ranks

Over the last quarter, AdRoll Group has made the following leadership hires across its global operations:

About AdRoll Group

AdRoll Group has been on a mission to accelerate growth for companies, big and small, since 2007. Our technology powers a suite of data-driven marketing and advertising solutions, AdRoll - for ambitious DTC companies and RollWorks - for ambitious B2B companies. AdRoll Group has empowered over 37,000 AdRoll and RollWorks customers worldwide to understand, attract and engage buyers, driving growth for their businesses.

AdRoll Group is a privately-held company headquartered in San Francisco, CA. AdRoll Group's solutions honor the best practices for data use and privacy of leading associations including the Network Advertising Initiative (NAI) and the Digital Advertising Alliance's (DAA) App Choices programs. Learn more about AdRoll Group at adrollgroup.com

AdRoll and RollWorks are trademarks of AdRoll Group.


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