Jonty Kelt named new CEO of Onswipe
Kelt was formerly DoubleClick Vice President and Group Commerce CEO
NEW YORK, NY – November 15, 2013 — Onswipe, the all-in-one publishing and monetization platform for the mobile web, today announced that Jonty Kelt has joined the company as Chief Executive Officer. Kelt takes the reins from Jason Baptiste, Founder of Onswipe, who has transitioned into the full-time role of Chief Marketing Officer, effective immediately.
Kelt has spent the last 15 years working at the intersection of publishing, advertising and technology. Most recently, at both DoubleClick/Google and Group Commerce, he pioneered technology solutions that helped publishers to optimize monetization of their content, and advertisers to maximize ROI on marketing spend. While at DoubleClick, Kelt built the company’s international search technology and services business into $650 million dollars a year in media spend, servicing clients in 28 countries. He then co-founded Group Commerce, a fellow Spark Capital portfolio company, where he helped publishers generate new revenue streams from e-commerce, before combining the company with Nimble Commerce to create a global platform processing hundreds of millions of dollars in gross merchandise value.
“Jonty is a tremendous addition to our all-star executive team that is doing an incredible job already, growing the company to become the largest publishing platform on the iPad, per Quantcast,” said Jason L. Baptiste, Founder and Chief Marketing Officer at Onswipe. “Jonty’s experience building large scale technology platforms combined with my ability to focus on marketing, communications, and design allows us to continue on the path of rapid growth as the dominant publishing and monetization platform for touch devices in the post-PC era.”
“Publishing and monetizing for the mobile web is a painpoint and opportunity for online businesses. Jason and the team at Onswipe have demonstrated that their technology can help publishers and advertisers embrace consumers’ dramatic shift to mobile media consumption,” said Jonty Kelt. “I’m thrilled to partner with them to continue scaling the business and bring a better mobile experience to publishers, consumers and advertisers around the world.”
“Jason and the Onswipe team have made amazing progress since we backed them three years ago,” said Alex Finkelstein, General Partner at Spark Capital. “We at Spark Capital are excited to continue our relationship with Jonty, and I’m confident that he, Jason and the team can continue to accelerate Onswipe’s rapid growth.”
According to BI Intelligence’s “Future of Digital 2013” estimates and eMarketer, respectively, 60% of online devices are now smartphones or tablets, and mobile is the only growing media with its share of total media consumption increasing from 12% in 2012 to 20% in 2013. Yet even though global mobile ad revenue is, according to the IAB, a significant $8.9B, monetization still lags far behind time-spent.