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SVnetworks Names Chief Revenue Officer

Los Angeles-based SVnetwork, the firm behind SocialVibe, said today that it has named Nick Loria as the firm's Chief Revenue Officer. Loria was most recently running his own consulting firm, Third Millennium, and also has serve as SVP of Sales at Viacom, where he handled ad sales for MTV Networks. Loria also has been at Turner Broadcasting, Massive, Joost, and TidalTV. SVnetwork operates a brand advertising network, with its core site being SocialVibe, an online site which allows consumers to support their favorite charities by viewing sponsored brand messages. SVnetwork is venture backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. The company is headed by Jay Samit.