Personify, Angara Merge, Land Funds

  |  November 28, 2001   |  Comments

The two firms look to become one source for automated ad targeting.

Online analytics firm Personify is tying the knot with Web marketer Angara, in a bid to offer all-in-one tools for optimizing and targeting Web content to consumers.

The merged firm, which will retain the name Personify, also received an undisclosed amount of new financing from investors ABS Ventures, Kleiner Perkins Caufield & Beyers, and Venture Strategy Partners. (The latter two were previous investors in Angara, while ABS contributed to Personify's earlier financing rounds, during which it received about $25 million.)

The companies disclosed little information on how the merger is to be structured, though it's expected that the merged firm will combine the two companies' technologies, with an eye to offering Web marketers a combined product suite for targeted content delivery.

Personify brings to the table its experience in profiling Web site visitors, while Angara specializes in technology that delivers profile-targeted messages to visitors via banner ads and Web sites. Ideally, the merged technology would allow marketers to automatically track, analyze, target and deliver email and Web offers to consumers.

Personify chief executive Barry Wright, who will continue in his post following the merger, dubbed the marriage "a perfect fit."

"This deal makes us collectively stronger and better able to serve customer needs," he said. "Our customers have always demanded understanding about 100 percent of the visitors to their sites, not just a small percentage who purchase or register. Our customers will now have the opportunity to act on the robust information to increase the return of their investment in their e-business."

The agreement is the most recent effort by Personify to link its analysis and profiling technology to ad-delivery technology. In September, the firm signed an alliance with ValueClick's Mediaplex unit to sell a combined ad delivery, tracking and retargeting product.

The news also comes as online marketing optimization continues to be a relative hot-spot for investment and expansion. Earlier this year, ad campaign optimizer Paramark landed $9 million in financing, while Mediaplex rolled out its own optimization product, MOJO Optimizer.

ClickZ Live San Francisco Revolutionize your digital marketing campaigns at ClickZ Live San Francisco (August 10-12)!
Educating marketers for over 15 years, our action-packed, educationally-focused agenda offers 9 tracks to cover every aspect of digital marketing. Join over 500 digital marketers and expert speakers from leading brands. Register today!

ABOUT THE AUTHOR

COMMENTSCommenting policy

comments powered by Disqus

ClickZ Today is our #1 newsletter.
Get a daily dose of digital marketing.

COMMENTS

UPCOMING EVENTS

Featured White Papers

US Consumer Device Preference Report

US Consumer Device Preference Report
Traditionally desktops have shown to convert better than mobile devices however, 2015 might be a tipping point for mobile conversions! Download this report to find why mobile users are more important then ever.

E-Commerce Customer Lifecycle

E-Commerce Customer Lifecycle
Have you ever wondered what factors influence online spending or why shoppers abandon their cart? This data-rich infogram offers actionable insight into creating a more seamless online shopping experience across the multiple devices consumers are using.

WEBINARS

Jobs

  • Sr. Marketing Specialist, PPC
    Sr. Marketing Specialist, PPC (Charter Communications) - StamfordSr. Marketing Specialist, PPC– Digital Marketing Charter Communications...