Controversial ad company Jellycloud shuts down
The deteriorating economy, and cloudy horizon for the advertising industry, has claimed one more victim: Jellycloud, the ad company I wrote last month that was the latest incarnation of team that ran the controversial Gator and Claria.
Last weekend, it threw in the towel, sent home its 36 employees, and assigned assets to a liquidator that will sell them off to the highest bidder. The company had raised $5.75M just a few months ago, and will… Continue Reading
The ad network that keeps changing its stripes: Gator, Claria, and now JellyCloud?
Can a tiger change its stripes? JellyCloud, an ad network company with a controversial past, hopes so.
About eight years ago, it operated under a different name: Gator. The Silicon Valley company attracted lots of users with a useful online vault to save all their personal password/login data in a single place. Its logo was a cute little gator head.
Problem was, it extracted a lot of personal information about you and observed your websurfing habits in… Continue Reading
JellyCloud calls down $6 million for online ads
Online ad network JellyCloud has called down part of its $11.5 million Series A1 round of funding. This presumably will be used to extend its ad operations.
The company has a patented technology to pull consumer data from a lot of sources across the web and create anonymous user profiles with help advertisers target an audience.
The Redwood City, CA-based JellyCloud’s call down is for $6 million. The $11.5 million round was participated in by U.S. Venture… Continue Reading