Viant Technology adds Brett Wilson to board

Published 13/05/2025, 14:24
Viant Technology adds Brett Wilson to board

IRVINE, Calif. - Viant Technology Inc. (NASDAQ: DSP), known for its artificial intelligence (AI)-powered programmatic advertising, has announced the addition of Brett Wilson to its board of directors as of Monday. The company, which has demonstrated strong financial performance with a 30.64% revenue growth over the last twelve months and maintains a healthy balance sheet with a current ratio of 2.71, continues to strengthen its leadership team. Wilson, a respected figure in the adtech industry, co-founded TubeMogul, a programmatic video advertising company, and has a track record of fostering growth in AI and automation sectors. According to InvestingPro analysis, Viant’s stock has delivered an impressive 68% return over the past year, reflecting growing investor confidence in its business model.

Tim Vanderhook, CEO and Co-Founder of Viant, expressed enthusiasm for Wilson’s appointment, citing his extensive experience in adtech and AI as aligning with Viant’s strategic vision. Wilson’s background includes leading TubeMogul from its start-up phase through to its initial public offering and eventual acquisition by Adobe. His current role as General Partner at Swift Ventures, which invests in early-stage AI and robotics startups, further underscores his expertise in the field.

Wilson himself expressed excitement about the future of advertising technology and emphasized the potential for AI-driven solutions in the industry. He pointed out Viant’s strengths in connected TV (CTV) and identity resolution as key differentiators in the market.

Viant, recently recognized with awards for its demand-side platform and workplace environment, aims to continue its trajectory of innovation in the digital marketing space. The company’s omnichannel platform, ViantAI, is designed to enable fully autonomous advertising solutions, a direction that Wilson’s expertise is expected to support.

This latest board appointment underlines Viant’s commitment to expanding its influence in programmatic advertising and its dedication to leveraging AI technology for marketing optimization. The information for this article is based on a press release statement from Viant Technology Inc.

In other recent news, Viant Technology Inc. reported its first-quarter 2025 earnings, significantly exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.03, defying projections of a $0.07 loss, and reported revenue of $70.6 million, far surpassing the anticipated $41.58 million. This represented a 32% year-over-year increase in revenue and a 76% rise in adjusted EBITDA to $5.4 million. Viant’s strong performance was attributed to its focus on connected TV (CTV) advertising and the integration of artificial intelligence into its platform.

Additionally, Scotiabank analyst Nat Schindler adjusted Viant’s stock price target from $27 to $26 while maintaining a Sector Outperform rating, following the company’s robust performance in a challenging market. The analyst highlighted Viant’s promising setup for the remainder of 2025, despite a slight revision in performance estimates. Viant’s second-quarter guidance aligns with consensus expectations, forecasting revenue between $77 million and $80 million, reflecting 19% year-over-year growth. The company continues to expand its customer base, with a 37% increase in customers generating over $1 million in contribution ex-TAC.

These developments underscore Viant’s solid market positioning and strategic focus on growth areas such as CTV and AI-driven solutions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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