SOURCE: Media Six Degrees
May 05, 2008 08:45 ET
Microsoft's Joe Doran Joins Media6° as Founding CEO
Launches Start-Up Providing Unique Analytics and Insights for Advertisers
NEW YORK, NY--(Marketwire - May 5, 2008) - Joe Doran, a Microsoft senior executive since
1999 and the General Manager of Advertising Strategy & Product Management
for Microsoft Digital Advertising Solutions since 2004, has been named
Founding Chief Executive Officer for Media6° (media six degrees), a New
York-based start-up that provides unique analytics and insights to help
advertisers capitalize on the growth of social media.
Funded & incubated by Contour Venture Partners and Coriolis Ventures,
Media6° uses patent pending algorithms to produce audience analytics based
on the familiar concept that "birds of a feather flock together." Media6°
will build on "network neighbor" data and social graph theory that shows
advertisers can achieve a lift in response rates of up to 500 percent. Mr.
Doran joins the company as it begins its commercial launch.
"The potential of 'network neighbor' data to help marketers to reach
affinity groups simply and at scale is significant. I could not resist
being part of such a powerful innovation in digital marketing," says Mr.
Doran who is moving from Seattle to New York.
Mr. Doran joins a veteran ad technology team and an advisory board of New
York's thought leaders in the media and advertising world such as Columbia
University School of Business Professor of Marketing Dr. Joseph Plummer,
who was Executive Vice President, Director of Research & Insight
Development for McCann-Erickson WorldGroup; RightMedia Founder and former
CTO Brian O'Kelley; privacy expert Alan Chapell; and academics such as Drs.
Naveen Agnihotri PhD, a neuroscientist and leader in the development of
pattern recognition technology and Foster Provost PhD, who has done
pioneering work regarding the social graph and marketing.
"The advertising community has been searching for the ability to identify
and reach micro-affinity groups on a scalable basis through tangible, data
driven methods. Media6° will help transform the nature of who the
advertiser should have the conversation with for both brand and direct
response messages," says Dr. Plummer.
"The confluence of the right people, working on the right idea at the right
time has created enormous opportunities Media6°, its clients and its
partners," adds Mr. Doran.
As General Manager of the Advertising Product Management team for Microsoft
Digital Advertising Solutions team, Mr. Doran led the strategy, development
and marketing of Microsoft's proprietary advertising platform and
solutions. He championed and led the internal development of Microsoft's
display and search advertising platforms and was a founding team member of
the Microsoft adCenter platform. Mr. Doran also leads all the advertising
acquisitions at Microsoft including Massive, DeepMetrix, ScreenTonic, AdECN
& aQuantive helping Microsoft become a serious contender in the interactive
advertising space.
Mr. Doran contributed to the growth of MSN in its early years of 2002-2004
through his role as Chief of Staff, driving strategic planning and business
management for the division. During his tenure MSN reached profitability
through explosive growth.
Prior to joining Microsoft, Mr. Doran honed his marketing skills at General
Mills as a Brand Group Manager. Before joining General Mills, Mr. Doran
served as an Infantry Captain in the US Army. Mr. Doran has an MBA from
Harvard Business School and a BS in Chemistry from United States Military
Academy.
"It would be difficult to imagine someone better positioned to lead a
company focused on helping major marketers benefit from the enormous
changes seen over the past three years with regard to how consumers use the
Internet," says Bob Greene, co-founder of Contour Venture Partners. "From
his experience directing strategy and product development across the entire
Microsoft Advertising platform Joe has an unparalleled understanding of the
online advertising eco-system. Joe is very focused on the opportunities
created by the fact that almost 70% of all content online is created by
consumers themselves, not by professional editors. Many in the advertising
community see this shift in the content paradigm as a challenge. Joe sees
it as an enormous opportunity, and one he fully embraces to create value
for Fortune 100 advertisers at Media6°."
High res digital photo of Mr. Doran available on request.
Media6° (http://media6degrees.com) provides major marketers with
transformative analytics, marketing insight and massive media scale by
applying neural network discovery within campaign data to dramatically lift
response rates to marketing efforts across the Web. The firm is based in
New York and funded by Contour Venture Partners, Coriolis Ventures and
several prominent angel investors.