Home Business NewsTech News London-based Unruly Media triples revenues to £17.6m

London-based Unruly Media triples revenues to £17.6m

by LLB Editor
15th Aug 12 2:56 pm

Shoreditch-based online video marketing company Unruly Media has tripled its revenue from £6m to £17.6m for the year ending March 2012.

The company makes viral social media campaigns like Evian Roller Babies and T-Mobile’s royal wedding spoof. (Read our interview with co-founder of the company Sarah Wood to learn more about how the company works.)

Back in January, Unruly Media raised a $25m (£16m) funding from Lastminute.com backer Amadeus Capital Partners, venture capital firm Van den Ende & Deitmers and the Business Growth Fund.

The company has nine offices in total, including the recently-opened branches in Chicago, Stockholm and Berlin. It plans to set up new offices in Detroit and Los Angeles by the end of the year.

Speaking about the results, Unruly Media founder and group CEO Scott Button, said: “These results consolidate our position as the clear global leader in social video advertising. These are exciting times for the industry, with global online ad spend set to reach $110bn by 2014 and online video ad spend predicted to be the fastest growing category.”

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