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Seasoned executive with extensive experience in the capital markets will aid Kontera as the company experiences significant sales growth
San Francisco, CA, May 28, 2008 – Kontera, the leading developer of In-Text Advertising Solutions for web publishers and advertisers, announced today that Mr. Yaron Garmazi has joined the company as Chief Financial Officer.
Yaron joins Kontera after spending the last 15 years in senior financial positions at leading technology companies where he led public offerings and a few significant merger and acquisition deals worth more than $2 billion.
“With the growth Kontera is currently experiencing, and the new opportunities that lie ahead, we felt it was prudent to add an experienced financial leader with extensive experience and ties in the financial community,” said Kontera CEO and founder Yoav Shaham.
Yaron will provide enhanced financial and operational support as the company experiences double-digit quarterly sales growth and takes advantage of new market opportunities.
About Kontera
Kontera is a leading provider of In-Text Advertising & Information Solutions, based on patent-pending contextual analysis technology that highlights the most relevant keywords in the content of a page and delivers the most relevant ads and information against the keywords. Kontera works closely with advertisers and publishers to maximize revenue, optimize performance and enhance overall user experience. Kontera has over 10,000 publishers in its network, reaches over 75 Million unique users per month and works with thousands of brand and direct marketers across many verticals. Founded in 2003, Kontera is backed by Sequoia Capital, Lehman Brothers and Carmel Ventures and has offices in San Francisco, New York and Tel Aviv.
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All product and company names herein may be trademarks of their respective owners.
Contact information:
Uriah Av-Ron
www.kontera.com
e: pr@kontera.com
t: +972-50-7-427-087
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