Adconian Expands Space In Santa Monica

Adconian, which operates an Internet advertising network, has moved into new 40,000 square foot offices in Santa Monica, the firm said this week. The firm said it moved out of an 15,000 square foot space on the Third Street Promenade, after outgrowing that space. The firm said it expects "aggressive company growth" in 2011, and has over 100 job openings. Adconian is headquartered out of the UK, and is venture backed by Index Ventures and others; the firm said it has its U.S. headquarters in Santa Monica, because of the number of technology firms in Southern California, and in particular, Santa Monica.