• Cognitive Match Secures $6 Million For Ad Targeting Technology

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Wednesday, May 18th, 2011

    Cognitive Match has raised $6 million from new investor Antrak Capital and previous backer Dawn Capital. The round brings total funding raised by the company to over $10 million.

    The funding announcement coincides with recent moves for Cognitive Match CEO Alex Kelleher and the company’s SVP of Global Sales, Mike Harris.

    Both men recently relocated from London to New York to more efficiently attack the ultra-competitive North American market.

    Cognitive Match, which offers in display ad and onsite predictive targeting solutions, also recently announced that it has hired Dave Burgess, formerly Chief Architect of Yahoo!’s Advertising Solutions, as their new CTO. More about the management team here.

    Founded in 2009, Cognitive Match’s solutions are used by clients like Financial Times, AOL, Net-A-Porter, Steve Madden and JustGiving to maximize visitor engagement, conversion and revenue from their digital marketing activities.

    Company: Cognitive Match
    Launch Date: January 2009
    Funding: $10.2M

    Cognitive Match uses the latest advances in artificial intelligence, learning mathematics, psychology and semantic technologies to create systems that match individuals with content, in realtime. This content can be product, offers, editorial or creative executions. Our systems maximize response, revenue and ultimately profit for our clients.

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