New York-based ad tech firm EyeÂview, which recentÂly raised $8.1 milÂlion in Series C, is the kind of comÂpaÂny that art direcÂtors and account manÂagers beaverÂing away in online adverÂtisÂing agenÂcies like. It lends a perÂsonÂalÂized touch to online videos, and unlike othÂer perÂsonÂalÂized adverÂtisÂing techÂnoloÂgies, its wizÂardry doesn’t rely on Flash banÂners and othÂer overÂlays. Eyeview’s perÂsonÂalÂized tarÂgetÂing takes place seamÂlessÂly inside the video.
PerÂsonÂalÂizaÂtion across all platforms
The comÂpaÂny, which was co-foundÂed in 2007 by Oren HarneÂvo (now its CEO), Tal RiesenÂfeld (now VP of Sales) and Cal Barnea (now CTO), is able to creÂate mulÂtiÂple verÂsions of the same video and then delivÂer the right verÂsions to the right conÂsumers based on its tarÂgetÂing. Although the tarÂgetÂing is groundÂed chiefly on locaÂtion, it also includes othÂer variÂables like time of day and even weather.
And it doesn’t stop there: EyeÂview updates each of its perÂsonÂalÂized videos every time there’s new inforÂmaÂtion to be added, like a pricÂing reviÂsion for examÂple. It also delivÂers these videos across all screens.
Here’s Oren HarneÂvo explainÂing his brainchild’s versatility:
“In the cloud we’re creÂatÂing hunÂdreds of thouÂsands of videos that you can then use in mobile, in conÂnectÂed TV, with no limÂiÂtaÂtions. This is a real play for cross-platÂform, cross-stream personalization.
Onwards and upwards
At the time of its $5.2 milÂlion Series B round in JanÂuÂary last year, EyeÂview was just dipÂping its toe in the U.S. marÂket (its R&D CenÂter is based in Tel Aviv, Israel). TwenÂty months on, and it’s got some real giants on its rosÂter, like ParaÂmount, ToyÂota, Land Rover, TarÂget and Lowe’s. And revÂenue skyÂrockÂetÂed between 2011 and 2012, expandÂing six-fold – a fete it looks set to repeat in 2013.
HarneÂvo says that the new fundÂing will be plowed into extendÂing Eyeview’s marÂket so that it’s availÂable throughÂout the U.S. and into develÂopÂing the techÂnolÂoÂgy. The most recent round, which brings the firm’s total fundÂing to a princeÂly $19.4 milÂlion, was led by new investor MarkÂer and includÂed parÂticÂiÂpaÂtion from existÂing funÂders NauÂta CapÂiÂtal, GemÂiÂni Israel Funds and LightÂspeed VenÂture Partners.
With EyeÂview takÂing care of perÂsonÂalÂizaÂtion, art direcÂtors can get on with simÂply creÂatÂing the most excitÂing videos their imagÂiÂnaÂtive talÂent can produce.