News

Kount Introduces Identity Trust Global Network

February 12, 2020
Fraud prevention vendor Kount comes at identity from the angle of judging whether someone is really who they say they are. Kount just introduced the Identity Trust Global Network, which assigns a confidence score to identities asserted during interactions such as payments, account creation, and log-ins. Companies can then act accordingly, smoothing the path for reliable identities and demanding more verification from the sketchier ones.
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Snowflake Announces Salesforce Partnership and $479 Million Series G

February 11, 2020
Cloud database vendor Snowflake has raised $479 million Series G, bringing total funding to $1.4 billion. They also announced a “strategic partnership with Salesforce” which ZD Net reported will include “product, marketing and go-to-market strategy”. https://www.zdnet.com/article/snowflake-raises-479-million-in-funding-but-salesforce-partnership-key/ Since Snowflake powers several Customer Data Platforms, this is intriguing indeed.
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Retina Raises $5 Million to Find Bad Customers

February 10, 2020
Retina’s founders didn’t get the memo that AI is no longer cool and have positioned their system as using it to predict customer lifetime value. They take the rather hostile attitude that “a majority [of new customers] are poison for the business” and promise to weed the bad ones out quickly. They just raised $5 million from backers who probably expect the majority of their investments to fail but miss the irony.
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Casted Takes $2.35 Million for B2B Podcast Platform

February 10, 2020
Finally, we have a $2.35 million round for Casted, which offers a software-as-a-service platform to manage branded B2B podcasts. It’s still more proof that B2B podcasting is officially a thing. Speaking of which, tune into the Talking Stack podcast featuring CDP Institute’s David Raab, martech guru Anand Thacker, and MarTech Adivisor editor-in-chief Chitra Iyer. https://www.martechadvisor.com/multimedia/podcasts/series/talking-stack
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Most Marketers Think Automation Will Harm Branding Programs: Bynder Report

February 7, 2020
Are technophobic marketers an outdated stereotype? Maybe not: 55% of the respondents to this survey from digital asset management vendor Bynder felt automation would harm their branding efforts, although 68% plan to add new martech vendors anyway. Even scarier: the marketer-heavy sample was evenly split on whether marketing (31%) or IT (30%) should be responsible for tech adoption. Let’s be clear: putting IT in charge of martech adoption will not end well.
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Quintesse Offers Contextual Targeting as Cookie Substitute

February 7, 2020
Even the most tech-savvy marketers are puzzled about the impact of privacy changes. One result – or maybe it’s a cause – is vendors who position barely-related technology as “pro-privacy” solutions. Case in point: Quintesse describes its natural language processing system for understanding the content of Web pages as an alternative to third party cookies. Their pitch is if you can’t target individuals with cookie-based profiles, you can target on page content instead. It’s a tenuous connection at best.
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