Home Massive sells to Microsoft – another kiwi millionaire

Massive sells to Microsoft – another kiwi millionaire

A few weeks ago it was revealed that Microsoft had acquired
online gaming advertising platform Massive
for “between $200-$400 million”. Now I’ve discovered that a kiwi (from
Wellington of course!) was one of the co-founders. According to this
NZ Herald story
, 31-year-old Wellingtonian Claudia Batten founded Massive
Inc four years ago with two expat Australians in New York. They developed
pioneering software that dynamically delivers advertising into online video
games:

“Tapping into the “Lost Boys” market – hard-to-target 18- to
34-year-old males – was the key to the company’s success, Batten said.

“We told advertisers: ‘We’ve found the Lost Boys. They’re playing
games and we can get you in front of them’.”

Speaking to the Herald on Sunday from Seattle, Batten was coy about how
much she got from the sale, reported at between US$200-400 million ($643m).
“It’s all under wraps. I’m really pleased with the outcome, it’s better
left at that,” she laughed.”

Thanks Dave
ten Have
for the tip. There’s a lot of software talent in Wellington –
TradeMe (NZ’s eBay) got
bought
for nearly half a billion US dollars in March and AfterMail went
for
US$45M in January. Must be something in the water here 🙂

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.