# Tremor Video

Tremor Video, Inc. was a New York-based video advertising technology company that built programmatic (ads bought and sold by automated software, not humans) platforms for buying and selling video ads, went public on the [New York Stock Exchange](https://www.edgepedia.org/new-york-stock-exchange) in June 2013 under the ticker TRMR, and in 2017 sold its buyer-side platform to Taptica for $50 million before renaming its remaining sell-side business Telaria, Inc. (NYSE: TLRA).<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup><sup> • </sup><sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup>

| Key facts | |
|---|---|
| Founded | November 2005, as Tremor Media, LLC; renamed Tremor Video, Inc. in June 2011<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup> |
| Headquarters | State of New York, US<sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup> |
| Sector | Video advertising technology: programmatic demand-side (DSP) and supply-side (SSP) platforms<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup> |
| IPO | NYSE, June 27, 2013, ticker TRMR; first New York-based ad-tech IPO on the NYSE that year<sup>[3](https://ir.theice.com/press/news-details/2013/Tremor-Video-First-New-York-Advertising-Technology-IPO-of-2013-Celebrates-Public-Debut-on-the-New-York-Stock-Exchange/default.aspx)</sup> |
| Peak revenue | $173.8 million in fiscal 2015<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup> |
| 2017 outcome | Buyer platform sold to a Taptica affiliate for $50 million; remainder renamed Telaria, Inc. (NYSE: TLRA)<sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup> |

## Founding and early years as Tremor Media

The company was originally organized as Tremor Media, LLC in November 2005. In September 2006 it converted into a Delaware corporation named Tremor Media, Inc., and in June 2011 it changed its name to Tremor Video, Inc.<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup> A company and investor press release from the 2011 financing round describes it as founded in 2005 and providing in-stream video advertising to [Fortune](https://www.edgepedia.org/fortune-magazine) 1000 brand advertisers and top-tier publishers.<sup>[4](https://www.wcapgroup.com/wp-content/uploads/2013/07/Tremor-Video-Raises-_37-Million-Round-of-Financing.pdf)</sup>

## Products and technology

Tremor Video operated a two-sided programmatic video business. In 2014 it introduced the Tremor Video DSP, a demand-side platform described in its 10-K as a customizable interface where buyers plan, buy, manage, and measure campaigns programmatically. In 2015 it introduced the Tremor Video SSP, a supply-side platform for publishers. Together the platforms enabled programmatic video ad transactions across computers, smartphones, tablets, and connected TVs.<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup>

The 2011 private round helped fund expansion by acquisition: the company's press release states it had acquired ScanScout and Transpera in the prior year, extending its interactive video capabilities.<sup>[4](https://www.wcapgroup.com/wp-content/uploads/2013/07/Tremor-Video-Raises-_37-Million-Round-of-Financing.pdf)</sup> In August 2015 it acquired The Video Network Pty Ltd, an Australian company, per its SEC filings.<sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup>

## Funding and the 2013 IPO

The one financing round confirmed in the primary evidence is a $37 million round announced in September 2011, led by [W Capital Partners](https://www.edgepedia.org/w-capital-partners) with participation from Keating Capital, Canaan Partners, Draper Fisher Jurvetson Growth, General Catalyst Partners, Meritech Capital Partners, EDBI, Time Warner, and SAP Ventures.<sup>[4](https://www.wcapgroup.com/wp-content/uploads/2013/07/Tremor-Video-Raises-_37-Million-Round-of-Financing.pdf)</sup>

On June 27, 2013, Tremor Video began trading on the NYSE under ticker TRMR, which the exchange described as the first New York-based advertising technology IPO to list on the NYSE in 2013, with Getco Securities as Designated Market Maker.<sup>[3](https://ir.theice.com/press/news-details/2013/Tremor-Video-First-New-York-Advertising-Technology-IPO-of-2013-Celebrates-Public-Debut-on-the-New-York-Stock-Exchange/default.aspx)</sup> The IPO amount, valuation, and subsequent stock performance are not covered by the sources retained here.

## By the numbers

Revenue grew, peaked, and then declined inside three years. Per the fiscal 2016 [Form 10-K](https://www.edgepedia.org/form-10-k), total revenue was $159.5 million in 2014, $173.8 million in 2015, and $166.7 million in 2016.<sup>[1](https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm)</sup> The company employed about 350 people before its 2017 divestiture, split roughly 50-50 between buy-side and sell-side staff, according to AdExchanger.<sup>[5](https://www.adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/)</sup>

## The 2017 split: Taptica sale and the Telaria rename

On August 7, 2017, Tremor Video announced the sale of its buyer platform to an affiliate of Taptica International Ltd. for total consideration of $50 million, subject to working-capital adjustment, after which the company focused exclusively on its seller platform.<sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup> AdExchanger reported that buy-side employees, led by Lauren Wiener, joined Taptica as an independent division called Tremor Video DSP.<sup>[5](https://www.adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/)</sup>

The divestiture followed a management change: Mark Zagorski, a former Nielsen executive, became Tremor's CEO in early June 2017 and described the sale as a calculated move to concentrate on the sell-side business, which had grown about 80% to roughly $34 million in net revenue over the prior 12 months; post-transaction the company would hold more than $80 million in cash.<sup>[5](https://www.adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/)</sup> On September 11, 2017, the company filed a Delaware charter amendment changing its name from Tremor Video, Inc. to Telaria, Inc., and its common stock began trading under the new NYSE ticker TLRA.<sup>[2](https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm)</sup> The sale came amid sector-wide ad-tech consolidation; AdExchanger noted that video DSP TubeMogul, which had direct integrations to Snap and Facebook, had been acquired by Adobe for $540 million.<sup>[5](https://www.adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/)</sup>

## References

1. Tremor Video, Inc. Form 10-K for fiscal year 2016, SEC EDGAR. https://www.sec.gov/Archives/edgar/data/1375796/000110465917015821/a17-1097_110k.htm
2. Telaria, Inc. (formerly Tremor Video, Inc.), Organization and Description of Business, 10-Q note for the nine months ended September 30, 2017, SEC EDGAR. https://www.sec.gov/Archives/edgar/data/1375796/000110465917067462/R9.htm
3. Intercontinental Exchange press release: Tremor Video First New York Advertising Technology IPO of 2013 Celebrates Public Debut on the NYSE, June 27, 2013. https://ir.theice.com/press/news-details/2013/Tremor-Video-First-New-York-Advertising-Technology-IPO-of-2013-Celebrates-Public-Debut-on-the-New-York-Stock-Exchange/default.aspx
4. Tremor Video Raises $37 Million Round of Financing, Business Wire release via W Capital Partners. https://www.wcapgroup.com/wp-content/uploads/2013/07/Tremor-Video-Raises-_37-Million-Round-of-Financing.pdf
5. AdExchanger: Tremor Video Sells Its Demand-Side Business To Taptica For $50M. https://www.adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/

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*Topic: Encyclopedia › Society and history › Economics and business › Business and work › Business and work overview › Companies and corporations › Venture-backed startups and growth companies › Software, internet, and enterprise-technology startups › Sales, marketing, and customer software*

*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*

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