QNTM invests in SeenThis to build a global technology company
QNTM Group (QNTM), today announced an agreement to invest in SeenThis, a fast growing Swedish Tech company that offers a unique adaptive streaming technology with potential to transform the distribution of advertisements and websites globally.
– With this, QNTM continues its high growth pace of investing in companies that will increase top-line growth for clients, building a unique ecosystem of digital companies.
– The investment in SeenThis is the second investment in Nordic companies within a month from QNTM.
– SeenThis’ technology addresses a major issue for advertisers and fits very well with QNTM’s vision to create digital winners and be the leader within the digital sales & marketing value chain.
QNTM’s investment in SeenThis
SeenThis, is a Tech company, operating within the martech space, offering solutions for increasing efficiency of display advertising to the global digital advertising industry. Through adaptive streaming SeenThis has developed a superior solution that lowers loading times significantly, with substantial improvements on both cost and conversion rates. SeenThis technology is trusted by premium brands and agencies, e.g. Klarna, Porsche, Siemens, The Wall Street Journal and SEB and addresses an estimated global market opportunity of above 20bSEK.
“SeenThis started with the ambitions to create a global company that speeds up the internet, today the technology is utilized in 30+ countries and for 800+ brands, and we are ready to scale. We are therefore pleased to have QNTM as a new strategic owner to help fuel our growth globally,” says Jesper Benon, Chairman of the Board and Co-founder of SeenThis.
Why QNTM invests in SeenThis
“QNTM will invest in a unique set of companies working with digital strategy and sales & marketing, through both services and software. We will partner with the founders to support them in creating leading global companies” says Eivind Roald, CEO of QNTM.
“In SeenThis we found a unique scalable technology that supports brands, media agencies and publishers in increasing quality and reducing marketing cost when displaying high definition video and image advertisements. Supporting commercial executives in increasing top-line growth through digital strategies and give access to unique technologies is the core of our idea, and when we found SeenThis it was a perfect match” Eivind Roald continues.
“With our investment in SeenThis we can see strong synergies with the other companies in the QNTM Group, and with SeenThis as part of the ecosystem each company in the Group will strengthen their offering towards their clients” says Roald.
“We look forward to work with the management and the other management and earlier investors, Celox and 183 invest, to make SeenThis a leading global Tech company within the martech space,” says Roald.
Jesper Benon, Co-founder of SeenThis. Mobile +46 707 553 366. Email firstname.lastname@example.org
Marcus Myrberg, CEO of SeenThis. Mobile +46 705 758 040. Email email@example.com
Eivind Roald, CEO, QNTM Group: Mobile +47 965 10 101. Email firstname.lastname@example.org
SeenThis is a Swedish tech company offering technical solutions to enable faster delivery of digital advertising with better performance as a result. They operate all over Europe, the United States and Asia, with customers worldwide. Since inception, they have served billions of streams for more than 800+ brands, in 40+ countries.