Ve Interactive

Ve Interactive

Type	Private
Industry	Digital Advertising, eCommerce, Re-engagement, Website Optimisation
Founded	2009
Founders	Steve Clucas/David J. Brown
Headquarters	Clerkenwell, East London
Area served	Worldwide
Key people	David J. Brown, Co-Founder and CEO
Products	VeAds, VeAssist, VePrompt, VeContact
Number of employees	~850+
Website	VeInteractive.com

Ve Interactive is a technology company based in London.^[1][2] It employs nearly 1,000 staff in 36 offices across 28 countries, working within 43 territories across 30 languages.^[3]

Ve Interactive’s headquarters are based in Clerkenwell.^[4] It is part of East London Tech City technology cluster,^[5] an area of London known for its technology startups.

In 2014, Ve Interactive's annual turnover was estimated at £20m.^[6]

In October 2016 Ve Interactive's valuation was estimated at £1.5 bn despite the fact that the company was loss-making. ^[7]

History

Ve Interactive was first established in October 2009 as a technology startup company^[8] by David J. Brown, a British serial entrepreneur. Since then it has grown quickly and currently serves approximately 10,000 clients whilst tracking around 650 million unique devices per month.

A portion of Ve's growth has been inorganic, acquiring several technology companies. Major acquisitions include:

• June 2012: Ve acquired Adaptive Consultancy,^[9] making Ve’s platform the world’s first eCommerce software to have both remarketing technology and built-in basket-recovery.

• April 2014: Ve acquired adGenie, a prospecting and retargeting advertising solution provider.^[10]

• November 2014: Ve acquired GDM Digital,^[11] an adtech and digital advertising company, for £7 million. All their staff were transferred over to Ve's team.

• November 2014: Ve acquired Qunb, a Paris-based data visualisation start-up, for $12 million, adding all their staff to Ve's Paris office.
• December 2015: Ve acquired the Display Retargeting business from eBay Enterprise Marketing Solutions^[12]

External links

• Ve Interactive official website.
• Ve Interactive profile on CrunchBase.

References

1. "Contact Us - Ve Interactive". Ve Interactive. Retrieved 2016-03-01.
2. "PPA : Ve Interactive". www.ppa.co.uk. Retrieved 2016-03-01.
3. "Contact Us - Ve Interactive". Ve Interactive. Retrieved 2016-03-01.
4. "VE Interactive moves to new Clerkenwell premises and joins MiNetwork". The Drum. Retrieved 2016-03-01.
5. "Award-winning Digital Start-Up Chooses Tech City After Outgrowing Mayfair". TechMeetups. Retrieved 2016-03-01.
6. Companies House
7. "Is Ve Interactive really a unicorn?". FT Alphaville. Retrieved 2016-11-01.
8. "Ve Interactive Revolutionises The e-Commerce Industry With Its Acquisition of Adaptive Consultancy". Global Banking And Finance Review Magazine – Financial & Business Insights. Retrieved 2016-03-01. |first1= missing |last1= in Authors list (help)
9. "Ve Interactive expands in London with Adaptive Consultancy acquisition". The Drum. Retrieved 2016-03-01.
10. "Ve Interactive acquires adGENIE to enhance its e-commerce conversion platform". The Drum. Retrieved 2016-03-01.
11. "GDM Digital's £7 million sale puts founders quids in". Evening Standard. Retrieved 2016-03-01.
12. "E-commerce Technology company Ve Interactive acquires part of eBay Enterprise Marketing Solutions". The Drum. Retrieved 2016-03-01.