LifeStreet Media says that it has paid more than $125 million in ad revenues to its video game industry clients. LifeStreet Media CEO Mitchell Weisman claims that LifeStreet’s revenue is growing at an annualized rate of more than 250 percent, due to the company’s “RevJet” ad-optimization platform.
“These days people frequently ask us about a future IPO – and we’ll consider this possibility in the future,” Wesiman said. “But right now we’re focused on growing our business by rolling out our RevJet platform to the channels that we believe will help the largest number of advertisers and publishers achieve their customer acquisition and monetization goals.”
Source: Inside Mobile Apps
