Chitika
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| Company type | Private |
|---|---|
| Industry | Internet advertising |
| Founded | Shrewsbury, Massachusetts (May 2003) |
| Headquarters | , US |
Key people | Venkat Kolluri, Co-Founder, CEO Alden DoRosario, Co-Founder, CTO |
| Products | Search Targeted Text Ads, Mobile Ads |
| Website | chitika |
Chitika, Inc. (pronounced CHIH-tih-ka) was a search-targeted advertising company. It was located in Westborough, Massachusetts, United States. The name Chitika means "in a snap" in Telugu language.[1]
On April 17, 2019, Chitika announced that they were shutting down their business.
In 2003, co-founders Venkat Kolluri and Alden DoRosario started Chitika after leaving their jobs at search engine-based company Lycos. Since launching its online advertising service in 2004, Chitika has added a Mobile advertising Division as well as a Real-Time Bidding Division.[2] In 2015, Chitika's founders announced Cidewalk, their local mobile ad platform, would spin off into a separate business unit with $4 Million in seed funding and new office space in Southborough, MA.[3]
On April 17, 2019, Chitika wrote to publishers advising them of their immediate cessation of business. The email advised publishers to remove all Chitika code from their website. The email further advised publishers that they would not be paid for impressions or clicks occurring since March 1, 2019.[4]
Partnerships
In 2009, Chitika began a partnership with[5] the b5media Network.[6]
In 2010, Yahoo! closed their AdSense competitor Yahoo Publisher Network Online (YPNO) and recommended publishers migrate to Chitika as a replacement.[7]
In 2013, Chitika announced a multi-year extension of its partnership with Yahoo!. The agreement includes off–network search syndication, monetization of Yahoo! owned and operated properties, and mobile ad serving and monetization.