TIM VANDERHOOK

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Tim Vander hook (26) Co-founded Specific Media, Inc. July 1999 and also serves as its Chief Executive Officer and President. Specific Media is the fourth largest entity on the Internet and specializes in online advertising. CEO Tim Vander hook spoke to CNBC about the company’s prospects.

In terms of reach we serve ads to 133 million people in the US. We’re ranked by Comscore as a Top 5 company in the United States in terms of who we serve ads to. We’re the fifth largest globally.

We reach 254 million people globally, just behind EBay there. It’s a funny anomaly that we’re so big, yet no one has heard of us. We flew under the radar, got significant scale, and have become a strong entity”
We raised $100 million in a Series B funding.

The capital is slated for acquisitions, and to help us expand our product offering.
Mr. Vanderhook has quietly developed one of the most advanced ad serving platforms in the industry.
Building a multimillion-dollar business wasn’t really on Tim Vanderhook’s mind at age 18.