StitcherAds becomes first European company to go through Facebook PMD Incubator

StitcherAds has become the first European company to complete the highly competitive Preferred Marketing Developer (PMD) Incubator Program at Facebook headquarters in Menlo Park, Calif.

The company, formerly known as Betapond, was selected for a two-week incubation by Facebook at its headquarters following a competitive selection process and after proving that its method of analyzing site behavioral data helps to place the most attractive offers in front of the correct consumers. They beat eight rival technologies in the competition.

Declan Kennedy, StitcherAds CEO, told Inside Facebook:

The experience was very rewarding.