Velti

Enterprise Technology

Velti Careers, Pay and Expert Network

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Velti is a mobile marketing company offering its solutions to major mobile operators and brands. The company was founded in 2001, went public in London in 2006 and NASDAQ in 2011. In 2013 Blackstone, one of the largest private equity groups with more than $300 billion under management acquired the assets of Velti and the company was taken private. Velti was founded in 2001 by Alex Moukas and Chris Kaskavelis as a software and ASP provider serving the telecommunications industry. The same year, Nicholas Negroponte, then the laboratory chairman of Massachusetts Institute of Technologys Media Lab, joined the company as a non-executive director. In 2002, Velti gained Vodafone as a customer. By the end of that year, the company had reached 35 employees. After a 2006 initial public offering on the London Stock Exchanges AIM Market, Velti further expanded its U.S. operations with the opening of an office in New York. A San Francisco office was created the following year. Velti was one of the 10-best performing IPOs in London Stock Exchanges AIM in 2007

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Founded1999
% Masters:
31%