Venatus, the global advertising technology platform focussed on gaming and entertainment, has announced a new exclusive global partnership with Bloxbiz. Bloxbiz is a dynamic in-game ad platform that operates independently within the Roblox metaverse. Founded in January 2021 by Sam Drozdov, CEO and Ben Khakshoor, CTO, Bloxbiz is on a mission to improve game developers' economics by enabling advertisements within brand-safe Roblox game environments. Neither Bloxbiz nor Venatus have any commercial agreement, relationship or affiliation with Roblox.
Roblox is a global platform where millions of people gather together every day to imagine, create, and share experiences in immersive, user-generated 3D worlds. It is free to download and free to play across mobile, tablet, desktop, and select consoles, reaching a growing Gen Z gaming audience.
Since going public earlier this month, Roblox’s value has soared to almost $40 billion. This valuation reflects the continued growth of gaming, while the pandemic has seen a surge in gamers. Newzoo predicts that gaming will continue to grow beyond the pandemic, with the industry expected to generate an impressive $217.9 billion in 2023.
Bloxbiz reaches over 10 million gamers each month across a collection of curated brand-safe games. Each game is selected based on performance metrics, genre, and team characteristics providing brands with the ability to reach granular audiences within Roblox. All in-game ads are carefully integrated to complement the gaming experience, allowing for natural discovery without interrupting gameplay. These in-game ads are measured through Bloxbiz's advanced technology, which verifies viewability in a 3D space.
This latest partnership between Venatus and Bloxbiz follows a year of 38% growth for Venatus, who now have a 60-strong team in offices spanning the UK, France, USA, Australia, Ukraine and South Korea. Commenting on the recent partnership, Rob Gay, CEO, Venatus, added:
'We are thrilled to be partnering with Bloxbiz to offer advertisers access to these incredible brand-safe games.
The Bloxbiz team are gamers and engineers at their core, making them the perfect partner for Venatus. We are excited to introduce more brands to the Roblox gaming audience and deliver immersive in-game ad experiences across this highly sought after gaming platform.'
Sam Drozdov, CEO, Bloxbiz Co. comments:
‘We’re overjoyed to be partnering with Venatus. Venatus’ global sales team and in-game advertising expertise is a natural fit with Bloxbiz’s in-game advertising technology. Together, we’ll enable brands from all over the world to have access to unique ad experiences within Roblox games – a win for brands, game developers, and players as ad experiences shift from interruptive popups to immersive in-game experiences.’
Clarification: Contrary to the wording in the original version of the Venatus Press Release dated 25 March 2021, Bloxbiz has no commercial agreement relationship or affiliation with Roblox.