Crakmedia Network
IndustryOnline advertising
Founded2006
FounderNicolas Chrétien, Xavier Farooghi, Frédéric Hains
HeadquartersQuebec City, Canada

Crakmedia Network is a Canadian company headquartered in Quebec City. It specializes in various Internet-related services.[1][2][3]

History

Crakmedia Network was founded by Nicolas Chrétien, Xavier Farooghi, and Frédéric Hains in 2006. Chrétien, Farooghi, and Hains had also created a humor site in 2004.[4] After refusing a company purchase offer from Brad Greenspan, they attempted to develop the site into a video sharing platform before eventually focusing on traffic monetization and programming their own statistics and advertising campaign management tool.[5]

Crakmedia Network moved to a new office in the Saint-Roch district of Quebec City in 2014. It collaborated with architectural firm Parka on the new office's layout.[6]

In 2015, Farooghi decided to step down from his position at Crakmedia Network, and Chrétien purchased his shares in the company.[7] By 2016, the company had 17,000 affiliate customers, with 98% of the company’s business coming from abroad.[1][7]

Crakmedia was ranked 31st in Deloitte’s Canadian Technology Fast 50 and 242nd in its Technology Fast 500 list in 2015.[8][9]

In 2018, the company won the SME of the year at the Mercuriades gala from Federation of Quebec Chambers of Commerce.[10]

Crakmedia partnered with the Centre Durocher community center to provide Christmas gifts to underprivileged children in Lower Town Quebec in 2021.[11]

Patent lawsuit and controversy

In 2014, Essociate, Inc. filed a patent infringement lawsuit against Crakmedia Network, alleging that Crakmedia Network's internet advertising system infringed upon Essociate's ‘660 Patent.[12][13] Essociate had also sued companies such as Clickbooth for infringement of this patent.[14] In 2015, the U.S. District Court for the Central District of California ruled in favor of Crakmedia Network, invalidating Essociate's patent based on Alice Corp. v. CLS Bank.[15]

Awards

Crakmedia was a finalist for the 2015 Prix Rayonnement hors Québec at Fidéides.[16]

Crakmedia was also named one of L'Actualité’s 2015 Leaders, ranked as the 6th-fastest growing company in Quebec.[7] It was also named a Leader by L'Actualité in 2016, ranked as the 16th -fastest- growing company in Quebec.[1]

Crakmedia was a finalist for the 2016 Mercuriades Awards in the category “Contribution to Economic and Regional Development - Large Company.”[17]

References

  1. 1 2 3 Nadeau, Jean-Benoît (2016-09-21). "LEADERS 2016: Crakmedia". L’actualité (in Canadian French). Retrieved 2022-03-03.
  2. ↑ "Crakmedia offre un voyage au Mexique à ses 100 employés". Le Quotidien (in French). 2017-12-07. Retrieved 2022-03-03.
  3. ↑ Tremblay, Diane. "Crakmedia craint les impacts de la pénurie de main-d'œuvre". Le Journal de Québec. Retrieved 2022-03-03.
  4. ↑ "Leaders du changement". Guide Entrepreneur. 2016-04-08. p. 8-13. Retrieved 2022-03-03.
  5. ↑ "PME en croissance: Nucleom au 1er rang à Québec". Le Soleil (in French). 2017-11-17. Retrieved 2022-03-03.
  6. ↑ "Aires ouvertes et aquariums géants chez Crakmedia". lesaffaires.com (in French). 2016-04-30. Retrieved 2022-03-03.
  7. 1 2 3 Mercier, Noémi (2015-10-06). "Leaders 2015: Crakmedia". L’actualité (in Canadian French). Retrieved 2022-03-03.
  8. ↑ "Technology Fast 50 ™ winners" (PDF). deloitte.com. 2018. Retrieved 2022-03-03.
  9. ↑ "Deloitte's 2015 Technology Fast 500 Powerful connections" (PDF). Deloitte. 2015.
  10. ↑ "Crakmedia choisie PME de l'année". Le Soleil (in French). 2018-05-13. Retrieved 2022-03-19.
  11. ↑ Gingras, Pierre. "Entraide et solidarité". Le Journal de Québec. Retrieved 2022-03-19.
  12. ↑ "Essociate, Inc. v. 4355768 Canada Inc., SACV 14-0679 JVS (DFMx) | Casetext Search + Citator". casetext.com. Retrieved 2022-03-03.
  13. ↑ "Fed. Circ. Skeptical Of Arguments To Restore Web Patent - Law360". www.law360.com. Retrieved 2022-03-03.
  14. ↑ "Fed. Circ. Affirms Axing Of Web Referral Patent Under Alice - Law360". www.law360.com. Retrieved 2022-03-03.
  15. ↑ "E-Commerce Traffic Patent Invalid Under Alice, Judge Rules - Law360". www.law360.com. Retrieved 2022-03-03.
  16. ↑ "Lauréats des Prix Rayonnement Hors Québec | CCIQ". www.cciquebec.ca. Retrieved 2022-05-01.
  17. ↑ Tremblay, Diane. "De la musique d'ambiance sur mesure avec JukeBoxEnLigne.com". Le Journal de Montréal. Retrieved 2022-05-01.
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