Rubicon Project Sees Healthy Growth In Q2

Los Angeles-based online advertising automation technology developer Rubicon Project reported some healthy growth in its second quarter. Rubicon said Tuesday afternoon that it had $53.0M in revenues, an 88 percent increase from the second quarter of 2014, when it had revenues of $28.3M. Rubicon said the growth in revenues game both from organic growth, and strategic acquisitions. Rubicon predicted revenues of between $63.0M and $65.0M in Q3 of 2015, with full 2015 revenues of between $246M to $250M. Rubicon trades publicly on the NYSE as RUBI.