Go With What You Know: Google Ventures Invests in Search Marketing Start-up Trada
See Trada, a two-year-old company dedicated to helping small businesses buy advertising…on Google. Google Ventures is leading a $5.75 million C round in the Boulder, Co.-based company, along with existing investor Foundry Group. It had previously raised $2.2 million.
Trada isn’t Google-exclusive–it will also help you buy search ads on Yahoo (YHOO) and Microsoft’s (MSFT) Bing, of course–but if you’re buying search ads, there’s no mystery about where you’re most likely to spend that money.
There is no shortage of companies, consultancies and one-man shops dedicated to search engine marketing. Trada’s pitch is that it specializes in small customers who spend between $5,000 and $50,000 a month on search, and that it “crowdsources” its help by getting a team of search marketing experts to work on individual accounts. The search experts get a slice of the client’s budget, and Trada takes 25 percent of that for itself.
Just like its new backer, Trada has bigger ambitions than search–it hopes to expand into display ads, for instance, including Facebook’s platform.