Cisco is paying $270 million for Accompany, which uses AI to build profiles of business decision makers and map their connections. They’ll integrate the data with their collaboration products, most notably WebEx. The deal may be more about AI talent than data: Accompany founder Amy Chang, who sat on Cisco’s board until the purchase, will take charge of Cisco’s collaboration business. Total funding for Accompany was $40.6 million.
Cross-channel identity company Barometric has launched a solution to measure the impact of print advertising on online and in-store purchases. It will leverage Barometric’s proprietary database connecting 94 million U.S. postal addresses to 600 million devices. Barometric was spun off from adtech vendor AdTheorent just last month.
UrboLabs would eliminate print ads by connecting consumers directly with merchants. The vision is a tad grandiose (“become a single consolidated platform for users to interact with the world around them”) but they do have a cute map-based interface that lets consumers pick the businesses they want to hear from. They just launched in New York and New Jersey and received an undisclosed amount of new funding. Don’t confuse them with Urbo the bike sharing service or Urbo the parking meter payment system.
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