December 3, 2019

Loom Raises $30 Million for Video Sharing

Loom Raises $30 Million for Video Sharing

Loom

The good news: Video sharing app Loom has raised a $30 million Series B. Loom positions itself as a communication tool – more Slack than Snap. More evidence of the growing importance of video.

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IgnitionOne Liquidates Its Business

USA Science News

The bad news: adtech vendor and erstwhile CDP IgnitionOne is going out of business. There was no formal announcement but creditors and investors have been notified that the company is selling its assets to help pay its debts. More evidence of adtech’s deepening woes.

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Firefox Will Block IAB’s Proposed User Tracking ID

DigiDay

The mixed news: the Firefox browser will block a standard ID designed to help advertisers track users without third-party cookies. The ID is being developed by the DigiTrust consortium, a project led by the industry group IAB Tech Lab. Whether this is good or bad news depends on your attitude towards privacy.

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