Mediaocean has launched a partner program, initially with Interpublic Group of Cos, Omnicom Group and WPP, which will give the holding companies small equity stakes in the ad tech company and help them integrate some of Mediaocean’s emerging businesses, including its ad serving, creative optimization and ad verification platforms.
The deal, dubbed the Certified Service Partner program, provides a significant potential boost for Mediaocean in building its business beyond its widely used ad infrastructure platform, Prisma. That product is an essential component of media planning, buying and billing across the industry, with a role in $200 billion in annual billings and used by more than 100,000 people globally, according to Mediaocean.
Michael Kassan’s 3C Ventures served as advisor to Mediaocean on the deal.