WirelessDevNet.com Press Release
Factual and Smaato Partner to Improve Mobile Ad Targeting With Rich Contextual Information
Factual Inc., the leading location data platform, and Smaato, the leading global mobile Real-Time Bidding ad exchange (SMX) and Supply Side Platform, today announced a strategic partnership. Smaato will leverage Factual’s Geopulse Audience solution in order to enhance mobile ad inventory in its RTB exchange, enabling advertisers to better reach their desired audience.
Advertisers can now target mobile campaigns against defined audience segments similar to those used in offline and traditional online advertising. Over 40 segments will be made available at launch with more being added over time. Example demographic data offered includes household income, gender, and age, as well as geographic information like zip code, and behavioral information such as business traveler, in-market auto buyer, and quick service restaurant diner.
To develop the audience segments, Geopulse Audience applies Factual’s extensive location data along with its deep data engineering and machine learning expertise to the vast amount of location data running through Smaato’s RTB exchange (SMX). Factual’s location data includes its Global Places data, covering over 65 million local businesses and points of interest across 50 countries and additional contextual data about geographic areas. By combining Smaato’s data with Factual’s data, Geopulse Audience can better understand mobile user behavior and use this understanding to develop audience segments.
“Mobile ad targeting has traditionally been a challenge, but by collaborating with Factual, we are giving advertisers an easier, more intuitive way to reach their target audience,” said Ragnar Kruse, Smaato CEO. “Factual’s Geopulse Audience solution, with its huge depository of data and deep understanding of user demographics, makes them an ideal partner to help advertisers improve engagement and boost campaign results.”
“Location is inextricably intertwined with mobile, and a proper understanding of location can be incredibly powerful if used to deliver personalized content to mobile users,” said Gil Elbaz, founder and CEO of Factual. “Smaato has established itself as a mobile leader with a strong history of innovation, and we’re excited to help them use location to create more value for their publishers, DSPs, and advertisers.”
Publishers running ad inventory through Smaato will benefit both from the increase in the value of their ad inventory driven by the audience segments as well as from the increase in relevance of the ads seen by their users. Demand Side Platforms (DSPs) and Ad Networks connected to Smaato will benefit by being able to offer their advertisers enhanced targeting capabilities. Advertisers will benefit by increasing the effectiveness of their ad spend by being able to better reach their desired audience.
Factual is a location platform that enables personalized and contextually relevant mobile experiences by enriching mobile location signals with definitive global data. Factual’s real-time data stack builds and maintains data on a global scale, with Factual's core Global Places data covering over 65 million local businesses and points of interest in 50 countries. Factual’s platform also provides location based mobile personalization and ad-targeting solutions along with data cleaning and mapping services for business listings and points of interest. Factual is funded by Andreessen Horowitz and Index Ventures. For more information, go to www.factual.com.
Smaato is the leading global mobile RTB ad exchange(SMX) helping mobile app developers and publishers increase ad revenues worldwide. As an industry pioneer and leader, Smaato operates the leading mobile RTB ad exchange and Supply Side Platform across 76,000+ mobile app developers and mobile publishers. On demand side Smaato globally connects 90+ Ad Networks and 100+ DSPs.
Smaato is an initial member of the OpenRTB Mobile subcommittee and an active member of the Mobile Marketing Association, Mobile Entertainment Forum (MEF), Singapore Infocomm Industry (SITF), Singapore IT Federation and the German Digital Media Association BVDW. Smaato received a Top 100 Private Company Award by AlwaysOn Media (2013, 2012, 2011, 2009 & 2007), is one of the AlwaysOn Global 250 winners in the Mobile category (2013, 2012 & 2011) and was named a “company to watch in 2010? by Financial Analyst Company GP Bullhound.
Smaato’s global headquarters are in San Francisco, California. The privately held company was founded in 2005 by an experienced International management team. Smaato’s European office is in Hamburg, Germany and the APAC office is in Singapore.