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Gannett

7950 Jones Branch Drive, McLean, VA, 22107, United States

Overview

Gannett is an international media and marketing solutions company and one of the largest, most geographically diverse local media companies in the U.S. Through its powerful network of broadcast, digital, mobile and print products, the company informs and engages more than 110 million people every month. The company’s portfolio of trusted brands offers marketers unmatched local-to-national reach and customizable, innovative marketing solutions across any platform. As a digital media leader, the company provides access to outstanding content on many different platforms and digital marketing services to businesses that help them use digital technology more effectively. Gannett’s iconic national brands, such as USA TODAY and CareerBuilder, as well as its unique local brands serving nearly 120 communities, set the company apart and provide a strong brand advantage. Gannett’s properties cover a wide range of geographies, demographics and content areas, which combine to form a uniquely powerful and comprehensive portfolio of offerings for consumers and commercial clients alike. Gannett owns or services through shared service agreements or other similar agreements 46 television stations. Excluding owner-operators, Gannett is the No. 1 NBC affiliate group; No. 1 CBS affiliate group; and the No. 4 ABC affiliate group. These stations cover 30% of the U.S. population in markets with nearly 35 million households. Following the acquisition of Belo Corp. in December 2013, Gannett became the largest independent TV station group of major network affiliates in the top 25 U.S. markets, with a strong, diversified portfolio. Each TV station also has a robust digital presence, including mobile, to reach consumers wherever they are. Overall, Gannett reaches more than 65 million unique visitors monthly or about 29 percent of the U.S. Internet audience via digital platforms, including CareerBuilder.com, USATODAY.com, USA TODAY Sports Digital Properties and digital platforms affiliated with its local media organizations across the country. USA TODAY is one of the most popular news sites and the USA TODAY app is a top news app with more than 19 million downloads to date across iPad, iPhone, Android, Windows and Kindle Fire. USA TODAY mobile traffic continues to grow as monthly visitors are now approximately 24 million. The company operates 82 U.S. daily publications, including USA TODAY, and 443 non-daily local publications in 30 states and Guam. USA TODAY ranks No. 1 in the industry in total daily circulation, according to the Alliance for Audited Media. Affiliated digital products of the company’s U.S. publications, including USA TODAY, reach more than 39 million unique visitors monthly. The print products reach more than 10 million readers every weekday and more than 12 million readers every Sunday. Together they provide critical news and information from neighborhoods, the nation and the globe. Gannett’s deeply rooted understanding of its communities and its local market relationships, many of which have spanned decades, provide access to content on more than 500 local mobile and tablet products and leading applications for iPad, iPhone, Kindle and Android. Through key acquisitions and partnerships, Gannett continues to accelerate its digital strategy. Gannett also helps businesses grow by providing marketing solutions that reach and engage their customers across the company’s diverse platforms. G/O Digital, Gannett’s digital marketing services organization, is a full-service media and marketing solutions company with a suite of best-in-class digital products. G/O Digital offers a one-stop shop of localized marketing solutions to national and small to medium-sized businesses. G/O Digital comprises Gannett’s full suite of digital marketing services, including marketing leaders Shoplocal, Key Ring, Deal Chicken and BLiNQ - and puts them to work in an integrated, complementary way to transform local marketing and connect advertisers with local consumers. In addition, Gannett subsidiary Newsquest is one of the United Kingdom’s leading regional community news providers with 17 daily paid-for titles, more than 200 weekly print products, magazines and trade publications, and a network of web sites. More than 15 million unique users access Newsquest’s network of news web sites each month.

Total investments
9
Lead investments
2
Investments · 12mo
0
Active investors
0

Sector focus

  • Advertising
  • Broadcasting
  • Publishing
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Investment portfolio

  • Autolottoscratchr Inc

    Participated · Series A · Jul 2017

    AutoLotto operates a mobile lottery app available nationwide on iOS and Android that allows users to play Powerball, scan tickets, and track results. The app emphasizes safety and security through identity, location, and age verification and promotes a “Tap, tap, ticket” approach with zero fees or commissions and 100% of winnings returned. AutoLotto plans to launch in-app ticket play across the $80 billion U.S. market and expand into international markets in the coming months. The company announced partnerships with iHeartMedia and Gatehouse Media to accelerate market coverage across multiple distribution mediums. AutoLotto has raised more than $19 million since inception, including the recently closed $17 million Series A. The new funding will be used to scale the team and further expand the company’s footprint in the U.S. and abroad.

  • Wanderful Media

    Participated · Equity · Apr 2014

    Wanderful Media aggregates newspaper circulars, coupons and local retail advertising for delivery on mobile devices and in shopping tabs on newspapers' websites. The Los Gatos, Calif.-based company launched in 2013 with an iOS app and has since released its Find&Save app for Android while rolling out location-based services for both platforms. It was formed with a $22 million investment in 2012 and has attracted additional funding from large media owners. The company manages national retail advertising relationships while regional newspapers handle local and regional retailer relationships and placement. Since launch Wanderful has generated less than $10 million in revenue but places content in front of about 100 million monthly uniques. CEO Ben Smith says the company focused on mobile and tablet to reach audiences and modernize the circulars experience. Wanderful Media’s core product is Find&Save, a local deal service that aggregates offers from newspaper circulars, retailers, and other data sources. The company recently relaunched Find&Save with added personalization and social features, including shopping lists and the ability to follow retailers and other users. The relaunch followed Wanderful’s acquisition of Travidia, the print-to-digital conversion company that started Find&Save. Find&Save integrates with newspaper sites (for example the San Francisco Chronicle) and the company says its network reaches 100 million unique visitors each month. Executives report positive response to the relaunch and plan to use new funding to increase distribution and to launch mobile and tablet apps as a next step. Financially, Wanderful has raised an additional $9 million in the latest round, bringing total funding to $36 million. Wanderful Media digitizes newspaper circulars and local retailers' coupons via its Find n Save platform. Find n Save powers deals and shopping sections on newspaper websites in more than 250 markets and the company planned to expand to 600 sites in 2013. Wanderful acquired Travidia to convert print coupons to digital and operates a conversion center in Chico, Calif. The company raised $22 million from 12 newspaper publishers, who also serve as key distribution partners. CEO Ben T. Smith IV said retailer adoption drove publisher partnerships and that tablet and smartphone apps were imminent, with the tablet positioned as the core discovery-shopping experience and phones for in-store alerts. Management plans to extend the underlying technology beyond Find n Save into other industries over time.

  • 4INFO

    Participated · Equity · Aug 2013

    4INFO offers a proprietary, patent-pending mobile attribution platform (AdHaven Bullseye) that anonymously matches mobile device data to household-level purchase data to measure actual sales results from mobile ad spend. Launched in March 2013, AdHaven Bullseye has powered campaigns for more than 75 national brands and reported sales increases between 5–20%, ROI averaging 382% and as high as 600%, and market-share gains versus competitors. The company says its brand ad revenue tripled in 2013 over 2012 and its technology has tied 152 million mobile devices to 101 million U.S. households. 4INFO collaborates with third-party purchase and lifestyle data providers including Acxiom, Nielsen, and Nielsen Catalina Solutions. Headquartered in San Mateo, California with offices in New York, Los Angeles, Chicago and Boston, 4INFO has been on the forefront of mobile innovation since 2004. The company is pursuing continued revenue growth and rapid expansion. 4INFO provides the AdHaven Bullseye product platform to help brands extend audience targeting from offline and the traditional Web into mobile. Bullseye allows users to identify and target segments from certified data partners, including Nielsen Catalina Solutions and Datalogix, and leverages proprietary mobile consumer demographic and behavioral data. The company said it will use the $8M in funding to add innovative functionality to its platform, hire new people, and advance business development activities. Launched in 2004 and led by CEO Tim Jenkins, 4INFO is headquartered in San Mateo, California. It also maintains offices in New York, Los Angeles, Chicago and Boston. The company counts existing investors such as Draper Fisher Jurvetson, Gannett, Mezzanine Capital and U.S. Venture Partners. 4INFO operates the AdHaven mobile advertising platform and delivers mobile advertising in all forms. The company was launched in 2004 and is based in San Mateo. 4INFO has a history of mobile media innovation, having created the industry’s first mobile search engine, consumer SMS alerts, and enterprise SMS publishing for major digital media companies including Yahoo!, AOL and IAC. The company intends to use additional capital to support growth in the mobile advertising market. To support that growth, 4INFO has secured external financing to provide working capital. Management described the financing as a partnership that will help the company navigate its explosive growth. Founded in 2005, 4INFO runs msgHaven, an SMS publishing platform with roughly 3,000 publishers that delivers around 400 million text messages per month (a volume that doubled in the past year). The company expanded into mobile display and app advertising with its AdHaven Mobile Audience Platform, which the firm says now reaches about 90 million uniques per month. AdHaven includes a next-generation mobile ad server, targeting and data management capabilities, and can serve campaigns across mobile web, rich media, video, apps, tablets, and SMS. 4INFO is spinning out AdHaven as a separate company following the product’s traction. The company purchased Butter last year to bolster its mobile solutions and creative capabilities. 4INFO is profitable and plans to use new funding to expand AdHaven, pursue strategic acquisitions, and grow internationally. San Mateo-based 4INFO, founded in 2004, provides technology and services for targeted mobile SMS advertising and consumer alerts. Under a new deal with NBC Universal, 4INFO will become NBCU’s preferred mobile SMS advertising partner. The company’s technology enables dynamic, targeted advertising in text messaging and allows NBCU to supplement alerts with 4INFO services such as health tips, fantasy sports statistics, and custom user-defined alerts. The financing comes from Peacock Equity, the NBC-GE joint venture; the amount of that investment was not disclosed. This is 4INFO’s fifth financing round; the company raised an $8M Series C in March 2005 and a $10M Series D in June of this year. Existing investors include Draper Fisher Jurvetson, Gannett Company, Sand Hill Capital, and U.S. Venture Partners.

  • Ongo

    Participated · Equity · Sep 2010

    Ongo Inc. is developing an online platform that aggregates and presents digital news and information from a variety of publishers in a single, consumer-friendly experience. The service is designed to let users read and share articles seamlessly across multiple outlets. The company plans to introduce the product before the end of the year. Ongo is led by founder and CEO Alex Kazim, whose nine-year tenure at eBay included heading Skype, leading new ventures, and overseeing marketing and business operations for PayPal. To finance its launch and product development, the company has secured $12 million in initial funding from three major newspaper companies. No user, revenue, or growth metrics have yet been released. The fresh capital positions Ongo to finalize development and execute its go-to-market strategy.

  • Cozi

    Led · Equity · Jun 2008

    Cozi provides family-organizing tools including calendar management, location tracking, and sitter-finding services. The company has released multiple mobile apps, including Cozi Sitter Finder, Cozi Kids Coloring+, Cozi Password Vault and Cozi Family Locator. Cozi launched a premium service last year and was signing up about 20,000 new members each day at that time. CEO Robbie Cape, who previously ran the Microsoft Money business, founded Cozi in 2005. Financially, the company raised $3 million last year and had reported roughly $24 million in total prior funding; a recent SEC filing shows an additional $5.7 million infusion. Cozi is a Seattle-based online calendar and family-scheduling service focused on helping families organize schedules across devices. Its core product is an online calendar and family scheduling app that comes pre-installed on Dell personal computers and T-Mobile Android handsets and is growing rapidly on tablets and e-readers like the Kindle Fire and Barnes & Noble Nook. The company offers a premium tier, Cozi Gold, launched last August, which provides an ad-free experience and costs $4.99 per month. Cozi has been adding roughly 20,000 new family members per day and employs 37 people, and is currently hiring developers and marketing professionals. Management says mobile adoption and key partnerships are major growth drivers, and the company plans to continue innovating around the Gold premium offering to add more family-focused functionality. Cozi is an online calendar and organizational tool founded in 2005 to help families manage schedules, grocery lists and household chores. The Seattle startup offers mobile apps for iPhone, Android and BlackBerry and reports about three million registered family members. Founders Robbie Cape and Jan Miksovsky built the product with Cape having previously worked at Microsoft. Cozi plans to use the new funding to expand internationally and further develop a premium offering. The company has been well funded to date, having raised roughly $21 million from backers including newspaper giant Gannett Co. Board members include Jeremy Jaech, Dan Ehrman and Mark Goines. Cozi is a Seattle-based startup operating a family-focused social network that offers a group journal, photo sharing, chore organization, shared calendars and to‑do lists. The service includes mobile and Outlook syncing to keep family members aligned. Cozi reports 600,000 registered family members and says it is adding about 2,000 new ones per day. The company is announcing an investment and business deal with newspaper conglomerate Gannett Co.; the size of the investment is not being disclosed (reportedly $8 million). Prior to this round Cozi had raised $7.3 million. Under the deal Gannett will deliver local content to Cozi, likely via Topix and other properties, and will promote Cozi across its sites—Gannett claims to reach 75% of U.S. adults. Cozi is a Seattle-based social network designed to help families manage their lives. The platform is described in the article as a tool for family organization and coordination. The article does not provide product feature detail beyond its family-management purpose. Cozi recently raised $4 million from angel investors, indicating active fundraising. The piece also notes the company earlier raised $4.3 million. No revenue, user metrics, or future product plans are stated in the article.

Team

No current team members are available.