CONTRACT SIGNED WITH FIRST EUROPEAN CUSTOMER – ONLINE MUSIC STREAMING SERVICE DEEZER
Key highlights
~ Adveritas has signed a “land and expand” contract with its first European customer, deezer, a French online music streaming service
~ Under the agreement, deezer will pay Adveritas €4,000 per month (circa A$6,500 per month) to utilise TrafficGuard’s mobile app install anti-fraud solution
~ TrafficGuard is currently running trials across other divisions of deezer’s advertising spend
~ Combining revenue from the deezer agreement with that from other recently signed clients, additional annualised revenue of approximately $100,000 has been signed since the start of 2021
~ Additional mobile app install customers are expected to be signed over the coming months
Disc: I hold