Claymont, DE – According to filings with the U.S. Securities and Exchange Commission, RedCircle Technologies is raising $7,999,992.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael Kadin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About RedCircle Technologies
RedCircle helps independent podcasts monetize through the RedCircle Advertising Platform (RAP). RAP enables brands to purchase host-read ads or programmatic, pre-recorded advertising across a large number of podcasts through a fully automated platform. With tools for demographic targeting, advertising attribution, and brand safety, RAP allows brands and their agencies to establish a foothold in podcast marketing or scale their existing spend. RAP also takes the overwhelming operational overhead of executing podcast advertising campaigns out of the equation, allowing sophisticated, performance-minded marketers to point-and-click to create a campaign in a data-rich, self-service environment, similar to that of Facebook and Google. Hundreds of advertisers are already taking advantage of RedCircles inventory and are on pace to spend several million dollars in 2021. The majority of the revenue is distributed to the podcasters, supporting their creative work.

To learn more about RedCircle Technologies, visit http://redcircle.com/

Contact:
Michael Kadin, Chief Executive Officer
844-404-2525
https://www.linkedin.com/in/michael-kadin-a341571b/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved