IgnitionOne: Adtech company IgnitionOne lays off staff while facing an allegation of unpaid bills

New York-based adtech firm IgnitionOne laid off staff on Wednesday and faces allegations of unpaid bills. IgnitionOne recently spun off its demand-side platform to martech firm Zeta Global to focus on its data and tech business. Progress Partners, an investment firm IgnitionOne hired to advise it on the deal, alleges that IgnitionOne owes the firm more than $590,000 in damages. Click here for more BI Prime stories. IgnitionOne, which builds and sells programmatic advertising technology, laid off a handful of 10 employees on Wednesday, sources close to the company said. The cuts, estimated to number fewer than 10, came two months after martech firm Zeta Global acquired IgnitionOne's demand-side platform... Read More