iCrossing

iCrossing

Digital marketing company providing planning and development services for brands and agencies.

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$325m

Valuation: $325m

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Total Funding000k
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iCrossing, a digital marketing agency established in 1998, operates under the ownership of Hearst. The firm was founded by Jeffrey Herzog, who launched the company from his apartment in Scottsdale, Arizona, initially focusing on search engine optimization (SEO) when the field was still in its infancy. This early specialization in search marketing allowed iCrossing to build a strong foundation and attract significant clients. A pivotal moment in the company's trajectory was the acquisition of search marketing firm 3G in the UK in 2006, expanding its international footprint. Further growth was fueled by a $62 million investment from Goldman Sachs in 2007, enabling a series of acquisitions including Proxicom, Sharpe Hartwig, and Spannerworks. This strategic expansion culminated in its acquisition by media conglomerate Hearst in 2010 for a reported $325 million, integrating iCrossing into a larger media ecosystem while allowing it to maintain its brand and operational autonomy.

The company functions as a full-service marketing and technology agency, providing integrated solutions for a diverse client base that spans both business-to-business (B2B) and business-to-consumer (B2C) sectors. Its business model revolves around creating bespoke marketing strategies that blend data analytics, creative content, and technology to achieve measurable business outcomes for its clients. Revenue is generated by providing a comprehensive suite of services, including digital strategy, search engine optimization (SEO), content marketing, paid media, and data analytics. iCrossing serves a wide array of industries, working with prominent brands to enhance customer engagement and drive growth across digital and physical channels.

The core service offering is centered on delivering data-driven marketing campaigns. This involves leveraging consumer data and market insights to inform strategy and creative development. Key services include advanced SEO to improve organic search visibility, data analytics to measure campaign performance and uncover audience behaviors, and the creation of compelling content designed to resonate with target audiences. Furthermore, the agency manages paid media campaigns across various digital platforms to amplify reach and drive conversions. By combining these elements, iCrossing aims to provide its clients with a holistic marketing solution that not only builds brand awareness but also delivers a tangible return on investment, effectively bridging the gap between marketing efforts and business results.

Keywords: digital marketing, SEO, content marketing, data analytics, paid media, Hearst, B2B marketing, B2C marketing, marketing agency, Jeffrey Herzog

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Investments by iCrossing

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Red Aril
ACQUISITION by iCrossing Dec 2011