CINCINNATI--(BUSINESS WIRE)--Ahalogy, an official member of the newly-created Pinterest Marketing Developer Partners program, has announced $8 million in funding – via new financing from JobsOhio, Silicon Valley Bank, as well as increased investment from Origin Ventures, Hyde Park Venture Partners, CincyTech, North Coast Angel Fund, Vine Street Ventures, Drummond Road Capital, and other existing investors.
“Our continued growth, and the market’s increasing investment in Pinterest and partner companies like us, shows the industry is increasingly realizing what a game-changer Pinterest is for content discovery and meaningful marketing,” according to Michael Wohlschlaeger, Ahalogy Co-Founder and CEO.
Debt-based financing has been provided by JobsOhio and Silicon Valley Bank. JobsOhio is a private, nonprofit promoting Ohio’s economic development. Silicon Valley Bank is the bank of the world's most innovative companies and their investors.
To help deliver Ahalogy’s next stage of growth, two industry veterans have recently joined the company’s senior ranks - Marc Cousineau as Senior Vice-President of Engineering, and Chris Lobdell as Chief Revenue Officer.
Cousineau is an accomplished engineering leader, who led the development of Netflix’s industry-changing "Video On Demand" technology. Cousineau has also held senior engineering positions at Rhythm NewMedia, IGN, and PurePlay. Cousineau’s experiences uniquely suit him to help scale Ahalogy’s intelligent Pinterest and content optimization solutions, leading Ahalogy’s engineering and data science teams.
Lobdell, a veteran of companies like Google and DataXu, is a seasoned sales leader of enterprise technology and digital media, bringing Ahalogy 15+ years of revenue-growth experience. Lobdell is a frequent industry speaker, whose partnership across winning brand marketers and sales professionals will help deliver sustained growth of Ahalogy marketing partnerships.
“Marc and Chris are helping bring our organization to the next level so that we can scale along with the growth of Pinterest specifically and content marketing in general,” said Ahalogy Co-founder and President Bob Gilbreath. “Our growing profile continues to attract senior talent, with relevant industry-experiences from leading companies like P&G, Google, Netflix, WPP, Dannon, Nielsen, and many others. Our team wouldn’t be where we are today without our amazing partners — brands, agencies, content creators, investors, and even Pinterest. It’s going to be a big year for Pinterest and Ahalogy – and we’re only just getting started.”
To learn more about Ahalogy’s unique Pinterest marketing capabilities, visit Ahalogy.com
Ahalogy is the Marketer’s Solution for Pinterest™. As an official Pinterest Marketing Developer Partner, Ahalogy’s unique Pinterest-focused marketing solution helps brands source, optimize and scale content on the platform. Headquartered in Cincinnati, Ahalogy has additional offices in New York City, Chicago, San Francisco, Los Angeles, and Stuttgart. Ahalogy counts several of the U.S.’s foremost consumer brands as clients. Visit Ahalogy.com to learn all of Ahalogy’s Pinterest capabilities.