Wednesday, February 5, 2014
Swagbucks Hits $50M In Revenues, Expands Executive Team
Los Angeles-based Prodege, the company which runs the Swagbucks rewards site, reported today that the firm passed $50M in revenue in 2013, is profitable, and has expanded its executive team to include a new Executive Chairman, Chuck Davis, the former CEO of Shopzilla and Fandango; a new CFO, Brad Kates; and a new CTO, Shane O'Neill. Kates was CFO of both Shopzilla.com and Bizrate.com, and O'Neill was CTo of Fandango and the Synapse Group. Prodege, which is led by Josef Gorowitz, rewards users for surfing the web, shopping for products, taking surveys, playing games, and more. The company is bootstrapped.