
Cognitive Match
Ad optimization solutions for advertisers, agencies and media sellers.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Cognitive Match was a technology firm operating in the adtech sector, founded in 2008 by Alex Kelleher and Glen Conybeare. The company specialized in connecting acquisition and conversion targeting to enhance the relevance of display advertising and website content.
The principal founder, Alex Kelleher, brought significant entrepreneurial experience to the venture. A graduate of Oxford University with a degree in Experimental Psychology, his background provided a foundation for the company's approach of blending psychology with machine learning. Prior to Cognitive Match, Kelleher founded the web design agency Vivid Edge, which was sold in 2000, and co-founded Touch Clarity, a personalization and analytics software provider acquired by Omniture (now Adobe) in 2007. This history demonstrates a consistent focus on web-based user experience and analytics.
Cognitive Match developed a predictive targeting platform that utilized dynamic creative optimization (DCO) technology. The service was designed for businesses seeking to increase profitability by transforming generic advertisements into personalized messages in real-time. It worked by analyzing online user behavior and then altering the creative elements of an ad to match audience attributes related to their interests, environment, and purchasing patterns. The business model centered on providing this technology to advertisers, agencies, and media partners, charging on a CPM basis for its dynamic creative services. The company's platform enabled clients to join their acquisition and conversion targeting efforts, which were often managed in isolation.
Supported by investors such as Dawn Capital, the firm established itself as a provider in the DCO space. In May 2014, Cognitive Match was acquired by Magnetic, a digital ad technology platform specializing in retargeting. The acquisition was a strategic move to combine Magnetic's vast search intent data with Cognitive Match's creative optimization capabilities, aiming to offer a more integrated solution for advertisers. Following the acquisition, Alex Kelleher joined the Magnetic team. Keywords: Cognitive Match, dynamic creative optimization, DCO, adtech, personalization, predictive targeting, Alex Kelleher, display advertising, conversion targeting, real-time advertising, behavioral targeting, ad technology, Magnetic acquisition, Dawn Capital, creative optimization, website personalization, user analytics, ad relevance, online advertising, digital marketing technology