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March 28, 2015 11:09 AM ET

Internet Software and Services

Company Overview of AutoWeb, Inc.

Company Overview

AutoWeb, Inc. operates as an automotive search company that connects high-intent automotive shoppers with automotive sellers. Its platform combines online transaction information with proprietary and third party data; and increases sales growth for automotive brands. The company’s platform also enables publishers to increase revenues by implementing automotive pay-per-click search listings into their site or application search results. It serves automotive listing advertisements across a network of automotive-related Websites and applications. The company was founded in 1995 and is based in Miami, Florida. As of August 15, 2001, AutoWeb, Inc. operates as a subsidiary of Autobytel Inc.

3250 NE 1st Avenue

Suite 915

Miami, FL 33137

United States

Founded in 1995

152 Employees

Phone:

305-777-7898

Fax:

305-400-0817

Key Executives for AutoWeb, Inc.

Co-Founder and Chief Executive Officer
Co-Founder and President
Co-Founder and Chief Technology Officer
Director of Operations
Chief Revenue Officer
Compensation as of Fiscal Year 2014.

AutoWeb, Inc. Key Developments

AutoWeb, Inc. Launches Programmatic Search Platform for Auto Advertisers

AutoWeb, Inc. has launched an enhanced programmatic platform. AutoWeb's new platform enables specialized targeting to high-intent online car shoppers, while also allowing advertisers to optimize their campaigns efficiently. Automotive advertisers can now significantly increase their exposure to consumers within a particular geography, who have demonstrated desire to purchase specific makes and models. As a result, advertisers will be able to derive higher quality traffic, stronger conversion metrics and greater ROI. The platform will also allow AutoWeb to provide incremental monetization opportunities to publishers who wish to further leverage their traffic acquisition investments. The new platform allows advertisers to target consumers in a highly dynamic and programmatic way. AutoWeb advertisers are now able to automatically adjust their bids to improve listing page performance and frequency, while targeting bids on a more granular level including make, model, and zip code. Advertisers further benefit from device optimization, ensuring optimal results across computers, tablets and mobile phones. Additionally, advertisers can market more efficiently to their preferred consumer segments while publishers benefit from a more efficient marketplace for their ad inventory.

AutoWeb Appoints Charlie Schiavone as VP of Product

AutoWeb, Inc. appointed Charlie Schiavone as VP of Product. In this role, Schiavone is responsible for all aspects of AutoWeb's consumer facing website, industry-leading vehicle search engine and the design and development of AutoWeb's data sets. Schiavone has vast leadership experience in different industries as a senior executive, entrepreneur and author, ranging from commercial sales to data center management services. For ten years, Schiavone held a number of responsibilities at Edmuds.com, including automotive content and data operations, electronic publishing, website operations, customer support and data syndication. Post Edmunds, Schiavone started his own online automotive content portal, Total Car Score. Most recently, building on his leadership experience in all aspects of vehicle data operations and major automotive portals, Schiavone helped build vehicle data projects at Autobytel.

AutoWeb Appoints Jeffrey Coats to the Board of Directors

Autobytel has an option to invest an additional $2.5 million as AutoWeb grows. As part of the agreement, AutoWeb has acquired the AutoWeb trademarks and domain name from Autobytel for $1.5 million in AutoWeb stock. Jeffrey Coats, President and Chief Executive Officer of Autobytel, has joined AutoWeb's Board of Directors.

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Type
Date
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Private Placement
November 17, 2014
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