STOCKHOLM--(BUSINESS WIRE)--PubMatic, the marketing automation software company for publishers, today announced it has been selected by Hemnet, one of the largest publishers in Sweden, to exclusively power the publisher’s programmatic advertising strategy across its desktop and mobile inventory. This is Hemnet’s first entry into the programmatic space, as it responds to the significant demand from advertisers and media agencies in the Swedish market for automated advertising.
After carefully vetting several different SSPs, Hemnet chose PubMatic as its exclusive provider. Hemnet will work with PubMatic to monetize the significant programmatic opportunity that exists in the Swedish market. In fact, PubMatic’s Q4 2015 Quarterly Mobile Index (QMI) revealed that monetized mobile impression volume in EMEA was up 82 per cent in Q4 2015, year-over-year. Advertisers and buyers will benefit significantly from the scale and valuable audience of this new high-quality inventory.
“We decided to expand our advertising operations into programmatic because many of our customers have expressed interest in these solutions, and the technology is mature. We chose PubMatic because they are a large, stable company with a very strong local presence and expertise,” said Christian Viklund, Director, Commercial Analysis at Hemnet.
“As the fifth largest site in Sweden, we are extremely excited to be able to meet our customers’ demand fully. We look forward to working with our customers and PubMatic to develop the best solutions in programmatic buying,” said Sandra Ohlsson, VP sales at Hemnet.
Jonas Olsen, Country Manager Nordics at PubMatic added: “We are thrilled to be Hemnet’s first and only programmatic partner. As the publishing industry becomes more sophisticated with programmatic advertising strategies, we are delighted to be able to provide another world-class publisher with our one platform solution, and our demand partners with new high-quality, transparent inventory. We look forward to coupling our technology with Hemnet’s extensive scale and high quality inventory across its desktop and mobile properties.”
About Hemnet
Hemnet is Sweden's most popular service for real estate search with a total of up to 2.6 million unique visitors per week. Hemnet founded in 1998 and owned by Fastighetsmäklarförbundet FMF, Mäklarsamfundet, Fastighetsbyrån och Svensk Fastighetsförmedling.
About PubMatic
PubMatic is the leading marketing automation software company for publishers. Through real-time analytics, yield management, and workflow automation, PubMatic enables publishers to make smarter inventory decisions and improve revenue performance. Focused on serving the needs of premium publishers, PubMatic inspires buyer confidence by providing flexibility in audience discovery and planning media campaigns through its Media Buyer Console and APIs. The company's marketing automation software platform provides a global roster of comScore publishers with a single view into their advertiser relationships across every screen, every channel and every format. PubMatic was ranked by Deloitte as one of the fastest growing companies in the US for the fourth consecutive year in 2015. The company has offices worldwide, and is headquartered in Redwood City, California.
PubMatic is a registered trademark of PubMatic, Inc. Other trademarks are the property of their respective owners.
