Updated August 29 at 7:42am

Five Questions With: Ji Kim

DiJiPOP founder talks about the firms recent acquisition by Boston’s OwnerIQ.

To continue reading this article, please do one of the following.



Enter your email to receive Providence Business News' e-newsletters
and breaking news alerts.  

Five Questions With: Ji Kim

Posted:

DiJiPOP, a Providence-based startup whose flagship product is an on-demand shopper marketing technology platform, was acquired by Boston-based OwnerIQ in an all-stock deal on Jan. 24.

DiJiPOP founder Ji Kim, now vice president of business development, media solutions, for OwnerIQ, took a moment to fill us in on the details.

PBN: How many of DiJiPOP’s employees are going to be working at OwnerIQ?

KIM: Three people. We had up to 11 people at one point but, as we were running out of money, we had layoffs so … it’s definitely [about] 20 percent.

PBN: Are you keeping the Providence office in Davol Square?

KIM: I split my week working in Boston and Rhode Island. My business partner Bill Cesare is [also] doing stuff in that office.

PBN: Are you happy about the acquisition?

KIM: Yeah, I think it’s a great fit. Me, personally, I think it’s a great fit. [OwnerIQ] was essentially going after the same audiences or business partners as we were. Their focus is on big retailers and so is ours. So, we were actually going and talking to the same people. They are providing monetization solutions for retailers, but in a different way, so it made sense – they do it all off-site. It makes a lot of sense; there’s very good synergy.

PBN: So, you say you were having problems finding financing – do you think it due to being based in Providence?

KIM: I think it’s probably lots of reasons…adoption of our platform, mainly, and the funding market still being tough. It was just a lot of reasons.

PBN: The platform wasn’t being adopted fast enough?

KIM: Yeah. We’re seeing more people adopt platforms like ours and continue to do more advertising on the retailer websites … but it was just hard for us, [as] a small startup, to get into these major retailers.

DiJiPOP, OwnerIQ, Ji Kim

Comments

1 comment on this story | Please log in to comment by clicking here
Please log in or register to add your comment
BOB.VETROMILE

Ji and his team at DiJiPOP had the foresight and expertise to build an amazing platform to help online retailers be more successful. I’m glad to see his vision will come to life at OwnerIQ. Although it wasn’t a home run for RI, we need to encourage more entrepreneurs like Ji to set up shop in RI and swing for the bleachers…

Bob Vetromile / SVM PR & Marcom

Wednesday, February 29, 2012 | Report this
Latest News