A New Path Forward: Arkadium Buys Out Series A Investors
New York – September 19, 2018 – Arkadium (www.arkadium.com), the company innovating visual, interactive content for more than 500 of the world’s leading publishers, today announced it has bought out its Series A investor, Edison Ventures.
“At Arkadium, we’re committed to building an evergreen business. To do that, technology companies need to get away from the de facto VC growth model,” said Jessica Rovello, CEO & co-founder of Arkadium. “ Operating independently enables you to have a longer-term view, greater control around strategies, and more operating flexibility. We want to be an example for purpose-driven companies that value long term impact over ‘growth at all costs’ mindsets.”
Arkadium received a $5 million Series A investment from Edison Ventures in 2013. Arkadium has grown considerably since that time, building interactive content tools for the world’s top publishers.
“We’re showing the technology industry a new way forward,” said Kenny Rosenblatt, President & co-founder of Arkadium. “We’ve built a profitable, resilient business that’s poised for decades of consistent growth year to year — and we’ve done it on our own terms.”
For more information visit: www.arkadium.com.
Since 2001, Arkadium has worked with more than 500 of the world’s leading publishers, from giants like Time Inc, Gannett (USA Today, etc) and tronc (Chicago Tribune, LA Times, etc), to CNN, The Washington Post, TMZ properties and more. Arkadium’s suite of publisher solutions improves on-site audience attention, engagement and retention, increases reader loyalty, and drives new revenue. Arkadium is headquartered in New York City with an additional office in Russia, and was named “Best Workplace” by Inc. Magazine. For more information about Arkadium, visit www.arkadium.com.