Advocado, a data platform connecting and powering cross-screen advertising, today announced it has acquired the VEIL watermarking technology and 46 other patents from VEIL Interactive Technologies, an affiliate of Koplar Interactive Systems International (KISI). A long-time licensee of the VEIL technology, Advocado will now integrate the watermarking capabilities into its data management platform for broadcast TV and radio, while adding advanced detection and attribution for interactive TV and gaming. With this powerful integration, advertisers, networks and media partners can more accurately measure ad effectiveness and drive consumer engagement across channels.
“For decades, VEIL has been the industry standard to verify billions of dollars’ worth of media spend,” said Jeff Linihan, co-founder and COO of Advocado. “Now combined with Advocado’s best-in-breed SaaS and DaaS capabilities, we are expanding the precision and speed at which VEIL can be applied, and across a greater number of use cases. We can now offer the industry a non-biased, real-time attribution and campaign-coordination platform that’s capable of measuring next-generation media experiences, at scale.”
Following the acquisition, Advocado customers will immediately benefit from expanded monitoring capabilities on CTV and OTT, with piloting to soon begin on radio and streaming audio. The full patent portfolio also gives customers access to more novel ways to embed data in video and audio streams, as well as advanced interactive TV capabilities, long before the next generation of standards become commonplace.
“In five years of licensing VEIL, Advocado has proven to be a strategic partner capable of both innovation and application,” commented Bob Koplar, president of KISI. “This ability to execute made Advocado the obvious choice to evolve the foundational VEIL technology into a suite of game-changing media measurement solutions.”
Linihan added, “By combining core VEIL technologies with Advocado’s platform and culture of innovation, advertisers, consumers, media organizations and hardware manufacturers can validate the promises of tomorrow’s TV experiences today.”
For more information on Advocado, visit www.myavocado.com.
About Advocado
Advocado empowers advertisers, publishers and media companies with its first party data management platform that instantly generates, integrates, analyzes, and activates data to deliver unprecedented results, maximizing customer campaigns and advertising dollar ROI across all screens. The platform helps fill visibility gaps with unique data powering advertisers, publishers, and media companies to target and adjust their spending real-time for multi-screen campaigns performance. Built by marketers for marketers, the platform uses signal data via patented watermark technology, natural language processing, automated content recognition, and real-time weather to connect offline and online audience data to reveal and influence the entire customer journey. Advocado is headquartered in the urban core of St. Louis, MO and serves customers across North America.
SOURCE Advocado
CONTACT: Havas Formula, Advocado@havasforumula.com
