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This article was published on November 20, 2012


    YieldKit scores $750,000 Series A from Tim Schumacher and HackFwd to push international expansion

    YieldKit scores $750,000 Series A from Tim Schumacher and HackFwd to push international expansion
    Jamillah Knowles
    Story by

    Jamillah Knowles

    Jamillah is the UK Editor for The Next Web. She's based in London. You can hear her on BBC Radio 5Live's Outriders. Follow on Twitter @jemi Jamillah is the UK Editor for The Next Web. She's based in London. You can hear her on BBC Radio 5Live's Outriders. Follow on Twitter @jemimah_knight or drop a line to [email protected]

    YieldKit, which turns links into affiliate links to earn money, has nailed down $750,000 in a Series A round with Tim Schumacher and HackFwd.

    YieldKit says that the funds will go toward the acceleration of new product releases and rolling out internationally.

    The company says that it has gained month over month revenue of more than 50% over the last 6 consecutive months, a healthy performance that no doubt encouraged investors.

    YieldKit provides two ways for turning product mentions into an affiliate links. YieldWord assigns affiliate links to more than 20 million product offers on keywords, such as product names, advertiser names and general keywords. YieldLink converts existing product links into affiliate links.

    Each time a reader clicks on one of these links and generates a sale, YieldKit earns revenue and shares this with their publishers. The company says that “users benefit from relevant information and recommendations, publishers get the most out of their content – fully automated”.

    Launched last year YieldKit has been focused on monetizing content on websites and blogs in Germany. From here it seems the firm is up for using its funds to push the borders and hopefully pop up in a few more countries.

    Image Credit: 401(K) 2012 Flickr