How FreakOut got its started
The company name includes the implication of to “freak out.”
The company name includes the implication of to “freak out.”
After having his interest piqued by real-time bidding (RTB), a new advertising transaction structure created in New York, Honda founded FreakOut, the first tech company in Japan to deal with such advertising transactions. Because both sophisticated technology and management skills are required of a demand-side platform (DSP) business in RTB, Honda thought to apply his entrepreneurial and M&A experience in the ad technology field and started up his second company. Deciding that he would devote himself to development in the initial stage after founding, he based his office out of his home in Chiba and got started.
Became the first company to develop and provide DSP in Japan.
Because DSP businesses cannot stand alone, Honda proposed to several advertising companies in which he had personal investments that they start supply-side platforms (SSP). FreakOut developed and provided Japan's first DSP while partnering with SSP businesses to establish Japan's RTB market.
Opened an office in Tokyo to begin full-fledged business activities, accompanying the hiring of the first employee.
The company moved into an office space and shared it with many startup companies which are now famous, and they shared not only the office space but also early stage of the entrepreneurial process. Some of those companies are Kanmu, Coiney, and CAMPFIRE, which are funded by FreakOut.
First office relocation accompanying business expansion.
The company moved to an office which could accommodate about 30 people. When the office was viewed in August of that year, the company had only 10 employees, but by the time it moved into the new offices, that number had expanded to almost 20. Even as the company was moving, it already had to think about its next move into a larger office.
Manhattan 6th Avenue, near Times Square.
Second office relocation accompanying business expansion.
Learning from its mistake with the previous office, the company secured an entire floor which had space to accommodate more than 100 people working. We built a music stage in the middle of the elliptical office space and named it "Omotesando Studio".
Yusuke Sato and Kotaro Yokoyama became Directors.
Started the DMP business.
Intimate Merger, Inc. is a company specializing in DMP. It was founded by representative Ryoji Yanashima, who ranked #3 in the world in big data analysis at the RSCTC 2010 Discovery Challenge (the world's biggest statistical algorythm contest).
Expanded business into Asia.
Won the first place with the increase of the number of employees from 2 to 70 in 2 years.
A system by which Ernst & Young ShinNihon LLC awards venture companies which are highly effective at creating jobs. Points are calculated by multiplying the increase in the number of employees over the last two years by the rate of increase, and the results put the company in the rankings.
Started the native ad network business for smartphones.Note: M.T.Burn Inc,. was dissolved in November 2019, due to the service transfer to LINE corporation was complete.
M.T.Burn Inc. was founded to develop and provide native advertising platforms that make digital advertising more beautiful, generating interesting content and information that is useful to users.
Creative Fun Office with imitaion pool, forest and basketball court.
In order to keep our venture spirit, the company moved the head office to Crosspoint, a low-rise building which is located at the foot of the Roppongi Hills high-rise, allowing us to look always upward—we named the office "Hills Garage.
Honda was searching for a way to express to those outside the ad-technology sector, which is opaque even by internet advertising standards, what it was and how interesting it could be. Architect Makoto Tanijiri proposed to him an office design which was out of the ordinary, and which would be well suited to the company's name, FreakOut, which means "to astonish."
FreakOut, as independent firm experienced consecutive profitability from the first term until IPO, made one of the fastest IPO.
Established branch in Osaka to increase the market share in Western Japan.
"Red" is Mobile Marketing Platform specializing in maximazing smartphone advertising effectiveness.
Recreated logo and changed brand color from Orange to Dark Red.
FreakOut logo implies,
1. We will continue to challenge (we will always be a venture company)
2. We will always powerfully impact others (we will not be in uenced, we will be the in uencers)
Because of those meanings, because of the powerful impact that the color red holds, we chose "Deep Red #AA0000" as our brand color.
Started the IoT type digital signage business.
Iris Inc. changed the concept of taxi advertising, which heretofore has been replete with "complex commodities," and provides "premium video advertising" targeting high earners who use taxis in central Tokyo.
Transited to a holding company structure to achieve the company's mission “Give People Work That Requires A Person.” globally in not only the advertising field and also in a variety of other industries.
Entered the ad trading desk business as well as media monetization support for the entire Asia area.
AdGeek was founded in 2014 in Taiwan by co-founders Frank Chen, James Chen, and Stanley Huang, who have over a decade of experience in the digital marketing industry.
Tomohiro Yasukura and Shusuke Nagai became Directors.
Implemented an organizational structure to increase competitiveness in the global market both domestically and overseas.
The advertising business's HQ was established in Singapore, where the business which has been expanded across Japan and other global regions is managed. In an effort to transform into a product company with strong competitive power in the global market, the domestic and international advertising business was consolidated in January 2019.
Expanded business into the United States and other English-speaking areas.
Playwire, LLC was founded in 2007 in Florida, USA.
Developing and managing Complete Monetization Platforms, Playwire supports maximization of media earnings through optimization applications that make use of machine learning.
Intimate Merger, Inc., a consolidated subsidiary engaged in the DMP business, was listed on the Tokyo Stock Exchange Mothers. Note: Intimate Merger, Inc. became an unconsolidated subsidiary on November 18th, 2020.
To commemorate the 10th anniversary of FreakOut foundation, a special website was launched with a message from Honda and introduction to the company's history.
Keiji Tokiyoshi and Makoto Takeuchi became Directors.