Conde Nast Invests in Flite

Flite is thrilled to announce that Conde Nast has become a strategic investor and will use the Flite Platform to create and manage ads for its portfolio of clients.  Condé Nast is home to some of the world’s most celebrated media brands.  In the US, Condé Nast publishes 18 consumer magazines, 4 business-to-business publications, 27 websites, and more than 50 apps for mobile and tablet devices.

“Flite is a valuable addition to Condé Nast’s arsenal of development tools,” said Josh Stinchcomb, VP corporate partnerships at Condé Nast. “Paired with our award-winning custom content and creative, we’ll produce some of the most unique web ad experiences in the industry.”

Check out the article in the New York Times!

Correction: The 11% mentioned in the article refers to Conde Nast's investment as a percentage of total capital raised by Flite, not the percentage of Conde Nast's ownership in Flite.