Averbuch Named VP of Engineering at Placed

SEATTLE, WA, February 4, 2015 - Placed Inc., the leader in location-driven insights and ad intelligence, today announced that it has named Aaron Averbuch VP of Engineering.

The announcement, effective immediately, was made by David Shim, Founder & CEO of Placed.

Averbuch will be responsible for leading Placed's engineering team and will hold responsibility for all of Placed's software development and delivery across the company's mobile and cloud infrastructures.

Bringing a wealth of experience to the team, Averbuch was most recently SVP of Product and Technology for digital media holding company CPXi, leading the engineering and product efforts across all parts of the ad-tech ecosystem. Prior to that, he served as CTO for demand-side buying platform AdReady (prior to their acquisition by CPXi), as Senior Software Development Manager for Cisco Systems and was a Lead Software Design Engineer for Microsoft.

"I am really excited to join the team at Placed – the amazing advances they have done in understanding the connection between offline and online behavior really excited me when I looked at Placed. The strong potential here, combined with my knowledge from working with advertisers, agencies and publishers in the past, made me want to sign up to work with David and team right away," said Averbuch.

"As Placed accelerates its growth in location insights, attribution, and targeting in 2015, having someone of Aaron's depth and variety of engineering experience is crucial," says Shim. "His hire is yet another indication to our clients, partners, and the industry of Placed's commitment to a best in class solution for location and measurement."

Averbuch holds a Masters in Computer Science and a Bachelors in Political Science from Washington University in St. Louis.

Placed is the market share leader in measuring the impact of digital advertising on in-store visits. As the proactive leader in location and privacy, Placed has recruited a panel of more than 500,000 active panelists with an explicit double opt-in and value exchange with all panelists. With the world's largest opt-in location panel Placed has measured over 100 billion latitude and longitudes, and validated more the 20 million visits to date.

About Placed

Placed is the leader in location-driven insights and ad intelligence. Measuring billions of locations across the world's largest opt-in location audience, Placed provides the most comprehensive understanding of consumers' offline behaviors. Connecting the physical and digital worlds, Placed is the industry standard currency for brands, agencies, and publishers to measure ad exposure to store visit, target location at scale, and deliver actionable insights into consumer behavior.

Founded in January 2011, Placed is headquartered in Seattle and is backed by Madrona Venture Group and Two Sigma Ventures.

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