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	<title>GigaOM &#187; Drawbridge</title>
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		<title>GigaOM &#187; Drawbridge</title>
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		<title>Ex-AdMobbers nab $6.5M to build cross-platform cookies</title>
		<link>http://gigaom.com/2012/05/10/ex-admobbers-nab-6-5m-to-build-cross-platform-cookies/</link>
		<comments>http://gigaom.com/2012/05/10/ex-admobbers-nab-6-5m-to-build-cross-platform-cookies/#comments</comments>
		<pubDate>Thu, 10 May 2012 16:30:57 +0000</pubDate>
		<dc:creator>Ryan Kim</dc:creator>
				<category><![CDATA[AdMob]]></category>
		<category><![CDATA[cookies]]></category>
		<category><![CDATA[Drawbridge]]></category>
		<category><![CDATA[Mobile Advertising]]></category>

		<guid isPermaLink="false">http://gigaom.com/?p=520150</guid>
		<description><![CDATA[A team ex-AdMob and Google scientists are launching Drawbridge, which allows advertisers to target consumers across desktop and mobile. The company is coming out of stealth mode with $6.5 million in funding from Kleiner Perkins Caufield &#038; Byers and Sequoia Capital<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gigaom.com&#038;blog=14960843&#038;post=520150&#038;subd=gigaom2&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://gigaom2.files.wordpress.com/2012/05/shutterstock_61349563.jpg"><img  title="shutterstock_61349563" src="http://gigaom2.files.wordpress.com/2012/05/shutterstock_61349563-e1336666674830.jpg?w=300&#038;h=199" alt="" width="300" height="199" class="alignleft size-medium wp-image-520212" /></a>Mobile advertising is growing quickly but targeting is still a bit of a black art. The ideal solution would be a way to create one system that could target users across both online and mobile, where people are spending more and more of their time.</p>
<p>That&#8217;s what a team ex-AdMob and Google scientists believe they&#8217;ve put together with their stealth start-up <a href="http://www.drawbrid.ge/">Drawbridge</a>, which is finally going public today with $6.5 million in funding from Kleiner Perkins Caufield &amp; Byers and Sequoia Capital. The interest from these top VCs underscores the potential breakthrough Drawbridge and its founder, former AdMob lead scientist Kamakshi Sivaramakrishnan, have hit upon.</p>
<p>Drawbridge&#8217;s self-learning algorithm takes a mountain of consumer behavior data from both online and mobile ad requests and then tries to determine through an inference model if two users from a desktop and mobile device are the same person. After a while, Drawbridge believes it can achieve a high level of confidence that it can basically follow one person between devices.</p>
<p>The system requires a number of observations to work  and needs to be reset regularly to ensure it&#8217;s got the right person. But when it works, it can boost conversions &#8211; post event clicks &#8211; by 3 to 10 times, Sivaramakrishnan told me.</p>
<h2>Sherlock Holmes inferences</h2>
<p>&#8220;We are essentially creating a mobile cookie, a cross-device cookie, once we tie it across devices,&#8221; she said. &#8220;The bar is very high on our ability to make associations. It’s almost like Sherlock Holmes, using all implicit inferences.&#8221;</p>
<p><a href="http://gigaom2.files.wordpress.com/2012/05/targetingmobile.jpg"><img  title="targetingmobile" src="http://gigaom2.files.wordpress.com/2012/05/targetingmobile.jpg?w=708" alt=""   class="alignright size-full wp-image-520218" /></a>This could be a big boon for advertisers, many of whom have resisted embracing mobile in a big way. Now, they can have more confidence that they&#8217;re reaching the right consumers. For instance, a consumer who visits a travel site on their computer may stop short of buying a flight. But with Drawbridge, an advertiser may be able to hit that same person with a timely ad to help them complete their purchase. This could mean more return on investment for advertisers and higher CPMs for publishers.</p>
<p>&#8220;Mobile advertising is a decade behind Internet advertising in both targeting and scale,&#8221; said Matt Murphy, partner at Kleiner Perkins Caufield &amp; Byers in a statement. &#8220;Drawbridge will close that gap by combining the best of both worlds to deliver industry-leading targeting and ROI across the entire digital landscape.”</p>
<h2>Filling holes in mobile advertising</h2>
<p>This also fills in some holes in mobile that have befuddled advertisers. In mobile, it&#8217;s been hard to replicate cookies. There hasn&#8217;t been the same kind of data exchanges like BlueKai as well. And now, <a href="http://www.macworld.co.uk/ipad-iphone/news/?newsid=3353717">with Apple banning the use of UDID,</a> there&#8217;s one less way for advertisers and developers to target mobile users.</p>
<p>Sivaramakrishnan said Drawbridge can scale up and become an important tool for advertisers. But she said consumers should also be on board because the system doesn&#8217;t use personally identifiable information. And it will include an opt-out option for consumers. Still, this will probably raise more concerns from privacy hounds, who are increasingly speaking out against the ways advertisers track consumers.</p>
<p>A more business-related question is how Sivaramakrishnan&#8217;s old bosses will respond. Sivaramakrishnan, a Stanford PHd, was part of the team that built AdMob&#8217;s ad engine, before it got sold to Google. Many of the 20 people at Drawbridge came over from AdMob and Google.</p>
<p><em>Photo courtesy of Shutterstock user <a href="http://www.shutterstock.com/cat.mhtml?lang=en&amp;search_source=search_form&amp;version=llv1&amp;anyorall=all&amp;safesearch=1&amp;searchterm=drawbridge&amp;search_group=#id=61349563&amp;src=23bd85bbc7c40881912bcc2dbc12bcaf-1-4">Nimblewit</a>.</em></p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gigaom.com&#038;blog=14960843&#038;post=520150&#038;subd=gigaom2&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/GigaOM_RSS_300x250&#038;sz=300x250&#038;c=547833"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/GigaOM_RSS_300x250&#038;sz=300x250&#038;c=547833" /></a></p><p><strong>Related research and analysis from GigaOM Pro:</strong><br />Subscriber content. <a href="http://pro.gigaom.com/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=520150+ex-admobbers-nab-6-5m-to-build-cross-platform-cookies&utm_content=oryankim">Sign up for a free trial</a>.</p><ul><li><a href="http://pro.gigaom.com/2012/08/flash-analysis-is-twitter-on-the-cusp-of-building-a-business/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=520150+ex-admobbers-nab-6-5m-to-build-cross-platform-cookies&utm_content=oryankim">Readers weigh in: future prospects for Twitter</a></li><li><a href="http://pro.gigaom.com/2012/04/mobile-q1-the-fight-for-spectrum-goes-to-washington-the-tablet-wars-continue/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=520150+ex-admobbers-nab-6-5m-to-build-cross-platform-cookies&utm_content=oryankim">A look back at mobile in Q1</a></li><li><a href="http://pro.gigaom.com/2012/02/facebooks-ipo-filing-the-opening-shot-heard-round-the-world/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=520150+ex-admobbers-nab-6-5m-to-build-cross-platform-cookies&utm_content=oryankim">Facebook&#8217;s IPO filing: ideas and implications</a></li></ul>]]></content:encoded>
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