Martech Acquisitions and Funding Grew Strongly Last Quarter: LUMA Report

Martech financial activity in general was up during the quarter just ended, according to LUMA. Martech accounted for by far the largest share of acquisitions and financing within the digital media sector, which also includes adtech, digital content, and direct to consumer brands. CDPs Segment, Tealium and Blueshift all raised significant new funding.

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Facebook Releases Open Source Recommendation Model

July 10, 2019

I usually prioritize acquisition and funding announcements, but don’t think you really care that Coveo bought Tooso for intent analytics, Sinequa raised $23 million for knowledge discovery, or Signpost raised $52 million for local business marketing. But you probably are interested that Facebook has made an open source release of its Deep Learning Recommendation Model to select personalized contents. You’ll recall that Google and Amazon recently made similar moves.

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Retail Rocket Raises $24 Million and Buys Sailplay to Enter U.S. Market

July 6, 2022

Netherlands-based retention management platform Retail Rocket just raised a $24 Million Series A, and immediately spent some of it to buy Sailplay, a New York-based marketing automation vendor that will grow its U.S. presence.  Retail Rocket builds unified customer profiles in a module it charmingly calls Data Warehouse, and has other modules for AI-driven personalization, segmentation, and campaign management.  The company has more than 1,000 global clients across Europe and South America.

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