Location-based marketing is definitely a trend, although not a new one. Uberall, which helps multi-location retailers ensure they are found when people do a local search, just raised $115 million to continue growing. They also bought MomentFeed, which helps similar companies with local social media and customer sentiment analysis.
You might think the phrase “CRM automation” is a bit redundant, but apparently it describes CRM systems that automate data entry and analysis. Introhive is one, and just raised a $100 million Series C, bringing total funding to $140 million. The company’s AI can map relationships among contacts at accounts, which coincidentally is a skill that (non-automated?) CRM Salesforce also recently added via Einstein. Can we call it a trend yet?
We have a hefty bucket of vendor news today, Dear Reader. First up: cross-channel marketing platform Iterable has closed a $200 million Series E, bringing total funding to $342 million. They offer email, SMS, app messaging, real-time personalization, and a unified customer data store to tie it all together.
Digital advertising platform PubMatic’s new partnership with GroupM, WPP’s media investment group, will enable the delivery of AI-powered cohort modeling to advertisers. Using a distributed AI model developed by Resolve, the collaboration aims to generate privacy-compliant audience segments across multiple publishers simultaneously. Not only does the targeting not rely on third party cookies, it also eradicates the need for user data to be moved or shared during the ad buying process.