The FPC Podcast Episode 10: Stackadapt raises $235M, Kevel acquires Nexta and a Q&A with Paul Silver, Global President of Corp Dev, MIQ
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Feb 12, 2025 Paul Silver, Global President of Corp Dev at MIQ, shares insights from his extensive experience in ad tech. He discusses StackAdapt's impressive $235M funding, emphasizing its focus on mid to long-tail agencies. The conversation shifts to Kevel's acquisition of Nexa, exploring its impact on European ad tech. Silver highlights the evolution of retail media, MIQ's strategic corporate development, and the growing influence of AI on advertising. He also hints at the future trajectory of MIQ amidst a rapidly changing digital landscape.
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StackAdapt's Funding and Focus
- StackAdapt, a Canadian company, raised $235 million, likely through secondary funding.
- They focus on mid-to-long tail agencies and boast a user-friendly DSP UI.
Vibrancy of DSP Market
- StackAdapt's success shows the DSP market is still dynamic, with room for specialized players.
- Their approach challenges the idea that Trade Desk and Google have monopolized the DSP space.
StackAdapt's Market Position
- StackAdapt is estimated to be the fourth largest DSP globally, servicing 638 agencies in the UK alone last year.
- This highlights their substantial reach and functional platform.