News

Habu Raises $15 Million to Unify Customer Data Without a CDP

February 13, 2020
Habu, which just came out of stealth with $15 million in funding, calls itself a “marketing data operating system” for “stitching together marketing and advertising data from multiple platforms to deliver a relevant consumer experience across all channels”. That sounds like a CDP but they are taking a non-CDP approach that includes analyzing data inside the “clean rooms” offered by Google, Facebook and other walled gardens. The founders held senior positions at Krux and Salesforce, which either helps or harms their credibility.
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Consumers Want Choice of Support Channels: UJET Survey

February 13, 2020
CDPs help customer service teams provide consistent experience across channels. I’ll just mention that since I otherwise wouldn’t have excuse to discuss this UJET survey about support channel preferences. The main message is that consumers want a wide choice: more than half wanted to text, email, chat, phone, and upload photos, screenshots, and videos. Channel preferences differ by age group except for Facetime, probably because Grandma already uses it to bond with the grandkids.
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Merkle Launches Merkury Identity Resolution Platform

February 12, 2020
The News Gods delivered three identity resolution items today, Dear Reader. Maybe they got a volume discount. First is Merkle’s announcement of the Merkury (get it?) Identity Resolution Platform, which helps brands and publishers create, enhance and share private identity graphs. Partners include publishing, identity data and adtech firms. Applications include programmatic trading of cookie-free customer IDs. Head explodes.
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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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