|NEWS RELEASE: For Immediate Release|
|Technology Company Jelli Expands Operations in Downtown Boise|
|New office brings digital technology career opportunities to the Treasure Valley|
|BOISE, Idaho—Wednesday, June 7, 2017— Jelli, a technology firm based in San Mateo, announced the significant expansion of its customer success and marketing operations located in its new downtown Boise office. Founded in 2009, Jelli is the technology that powers programmatic platforms for the $40B global radio industry. New offices in Boise and New York City will accommodate the company’s recently announced growth of more than 266% percent in gross media spend executed on their platform.
“Ultimately, the Boise-based office will include other core Jelli functions, and the people we’ve hired already demonstrate the company’s innovative, passionate, diverse, and customer-centric culture,” said Mike Dougherty, Jelli co-founder and chief executive officer. “Boise is the ideal market for us. We selected the Mountain West due to the area’s diverse talent pool, access to major universities, close proximity to our Silicon Valley headquarters, and because doing business in Idaho is significantly easier.”
Jelli is already actively engaged in the local community: exploring potential Boise State internships, holding presentations to Boise State’s Computer Science classes on “Tech Entrepreneurship” as its CEO Dougherty recently did, and holding a recruiting event on-campus ahead of its new office opening introducing itself to current and potential employees.
“We couldn’t be more excited about Jelli’s addition to downtown Boise,” said Boise Mayor David Bieter. “This great company will help create an even richer culture of innovation along our 8th Street corridor and continue to spur the growth of good jobs in Boise.”
“Idaho’s technology sector is an area of opportunity for our state to remain competitive nationally, and Jelli’s commitment to helping build that industry is going to be huge asset to us,” said Megan Ronk, director of Idaho Commerce. The state department worked closely with the City of Boise and Boise Valley Economic Partnership to help bring this project to the Boise metro area.
The Idaho Economic Advisory Council approved Jelli to receive a Tax Reimbursement Incentive (TRI) of 20% for eight years.
Jelli is the largest technology platform for the $40 billion global audio advertising market. Our mission is to create the easiest and fastest way to buy and run audio advertising. We’ve developed a cloud platform that transforms audio advertising, enabling advertisers and publishers to buy and sell audio advertising programmatically through a suite of demand-side and supply-side services. Jelli’s patented platform is used by some of the largest broadcasters and advertisers in the audio marketplace, reaching hundreds of millions of people monthly and serving billions of audio ads.
Jelli investors include Relay Ventures, Intel Capital, First Round Capital, iHeartMedia, Universal Music Group, and several prominent angel investors.
Jelli – Sue Ellen M. Schaming | 415-722-8583 | firstname.lastname@example.org
City of Boise – Mike Journee | 208-384-4402| email@example.com
Idaho Commerce – Megan Hill | 208-334-2470 | firstname.lastname@example.org