Posts for 'Eyeview'

Video ad tech provider Eyeview is ramping up its emphasis on addressable TV, hiring former TiVo SVP Brian Katz as its new VP, Advanced TV Insights & Strategy. Katz is charged with helping retail, CPG, auto and travel clients understand how to leverage addressable TV in conjunction with their digital campaigns. Eyeview focuses on outcome-based video marketing, with highly personalized video ads driving purchase conversion.

In an interview, Katz told me that a key part of his role will be removing the complexity of addressable TV advertising for clients and helping to educate them, in order to accelerate spending. Addressable TV has been complicated by fragmentation in the pay-TV space, where addressable set-top boxes have been rolled out at different paces by operators, making it difficult to execute and measure campaigns at scale.

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Video marketing tech provider Eyeview has raised a $21.5 million Series D round led by Qumra Capital and including existing investors Marker LLC, Innovation Endeavors, Nauta Capital, Gemini Israel Ventures and Lightspeed Venture Partners. With the new financing, total invested capital in the company is now $56.8 million. Investments in video ad and marketing tech providers have slowed significantly over the past year, but Eyeview’s raise shows there’s interest in companies that can demonstrate video ROI for brand advertisers.

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Eyeview has integrated its video ad platform with WideOrbit’s WO Programmatic TV, so that Eyeview clients can programmatically buy and then measure and optimize ads on local broadcast TV. WO Programmatic TV, which is WideOrbit’s  supply-side platform, includes broadcasters covering 115 U.S. media markets, including 18 of the top 25, and 59% of U.S. households.

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Video ad tech is a very hot space currently with lots of deals and financings, with the latest being Eyeview, which this morning announced a $15 million financing from existing investor Marker LLC. The new funds bring to $34.5 million the total amount the company has raised.

Eyeview describes itself as "fusing the effectiveness of TV video branding with the efficiencies of digital personalization." It does this by taking a standard TV ad or other video creative and dynamically customizing it to target individual viewers. The customizations can vary by things like specific advertiser offers, geography, viewer behavior, weather conditions, calendar events, etc. Basically any type of trigger that would help to drive engagement and take the video ad experience far beyond what's typical on TV.

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Online video ad platform Eyeview is now enabling advertisers to dynamically serve personalized video ads based on current weather conditions. The new "Eyeview Weather Tracker" monitors weather in an advertiser's target markets and based on this data, updates and delivers ads appropriate for the conditions.

Weather Tracker is geared toward retailers, whose in-store traffic and sales are greatly affected by inclement weather. Eyeview cited data indicating that last winter's freezing cold and storms depressed Q1 retail sales, which in turn heavily contributed to a broader economic downturn in the quarter.

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After a short medical leave last week, I'm back in the saddle and have many new videos to share of last month's Video Ad Summit. One of our morning case studies focused on Land Rover and how online video advertising can be used for "mid-funnel" success - combining the best of video's branding reach with the potential of direct-response advertising's lead generation.

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The all important holiday shopping season is about to kick off for retailers, and as always, consumers will be deluged with offers. This year, to distinguish its promotions and drive sales, Toys R Us is using a video ad solution dubbed "Black Friday Booster" from video ad tech provider Eyeview to deliver personalized deals to individual customers. On Friday, Oren Harnevo, Eyeview's CEO and co-founder, shared more about Black Friday Booster and how local retailers benefit.

Black Friday Booster builds on Eyeview's core capability of personalizing video ads at scale. To create the Toys R Us campaigns, Eyeview uses 3rd party data from various sources, offline purchase data from providers like Neustar and Datalogix, plus its own local geographic data to configure specific ads for viewers. The ads not only contain the promotional offers, but the specific location of closest store(s). Oren said other retailers will also be using the Black Friday Booster solution this holiday season but he wasn't able to share specific names.

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One of the great visions of online video advertising is the ability to precisely target certain audiences with personalized ads. However, realizing that vision is not so simple given all the variables in play, plus the expense of generating custom creative. This is where Eyeview, a video ad technology provider, believes it has cracked the nut. At the recent VideoNuze 2012 Online Video Advertising Summit, Tal Riesenfeld, Eyeview's co-founder and VP of Business Development, presented on how Eyeview works and gave examples of successful recent campaigns for Mazda, Expedia and Ace Hardware that it has powered. It's a fascinating look at the future of online video advertising.

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