Wikipedia

Crakmedia Network

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

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

History edit

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 edit

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 edit

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 edit

  1. ^ a b c 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. ^ a b c 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.

External links edit

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