Viant Technology Inc.

Hello, everyone, and welcome to Viant's second quarter 2021 earnings call. My name is Kelsey, and I will be your moderator today. Before I hand the call over to the Viant team, I'd like to go over just a few housekeeping notes for the program. As a reminder, this webinar is being recorded. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, please use the raise hand function located at the bottom of your screen. If you plan to ask a question, please ensure you've set your Zoom name to display your full name and firm. We thank you for your attendance today, and I will now turn things over to Nicole Borsch. Please go ahead, Nicole.

Great. Thank you, Kelsey. Good afternoon and welcome to Viant Technologies' second quarter 2021 financial results conference call. On the call today are Tim Vanderhook, co-founder and chief executive officer, Chris Vanderhook, co-founder and chief operating officer, and Larry Madden, Viant's chief financial officer. I'd like to remind you that we will make forward looking statements on our call today that are based on assumptions and subject to future events, risks and uncertainties that could cause actual results to differ materially from those projected. We undertake no obligation to update these statements except as required by law. For more information about factors that may cause actual results to differ materially from forward looking statements, and our entire Safe Harbor Statement, please refer to the press release issued today as well as the risks and uncertainties described in our annual report on Form 10-K and other filings with the SEC. During today's call, we will also present both GAAP and non-GAAP financial measures. Additional disclosures regarding these non-GAAP measures, including a reconciliation of GAAP to non-GAAP measures, are included in our earnings press release issued today and in our filings with the SEC. I would also like to point out that we posted a presentation to our investor relations website to provide supplemental financial highlights on the quarter. I would now like to turn the call over to Tim Vanderhook, co-founder and chief executive officer at Viant. Tim?

Thank you, Nicole, and thank you everyone for joining today's call. I am pleased to report that Viant delivered a strong second quarter. Our growth was driven by advertisers and agencies continuing to adopt our differentiated technology and software to execute their advertising campaigns. Consumers, content owners, and advertisers continue to grow their interest in and use of the connected TV channel, and we expect to continue to benefit from this secular growth over the long term. We had strong performance across a number of key metrics, starting with connected TV, which grew 105% in the quarter, representing 41% of contribution XTAC. CTV is not only our fastest growing channel, but also our largest channel by any metric, as we continue to build on our decade of experience in this area. On the customer front, we had a great quarter. We continue to expand our reach, adding 22 active customers to bring our total to 288 at the end of Q2 2021. You may recall during our last earnings call that we announced a large software release called WWC, or World Without Cookies. I am very encouraged by the early signs of success. It is driving a better user experience for our customers. and substantial advertising performance improvements across many key advertiser metrics. Chris will provide more details on our progress here later in the call. We exceeded the high end of our guidance for revenue, contribution XTAC and adjusted EBITDA. We are excited to see our momentum building and are raising our guidance for the year. With that, I'll hand the call over to Larry for more financial detail.