Plista raises millions for B2B marketing
With launch of OnSite Recommendations, Plista enlisting user support for site publishers
Plista,
provider of enhanced marketing and advertising models based on
personalization, today announced the closing of a second round of
funding. Though the exact number was not disclosed, PR-inside calls it a “7-digit amount.”
Made
possible by High-Tech Gründerfonds and DuMont Venture, who joined
return backers like the Draper Investment Company and private
investors, this latest fundraiser finalizes a necessary injection of
capital for the young Berlin-based startup.
Simultaneous with
this financing announcement, Plista also rolled out the first of its
main products, called OnSite Recommendations.
OnSite
Recommendations empowers Web site publishers to install tools that
generate customized content, specifically tailored to the end user on
the site. The idea is that such personalization of Web content will
dramatically increase the time a user spends on a site, the likelihood
that he or she would return, and in turn, the revenue that a site would
receive.
Additionally, Plista constantly monitors user behaviors
in response to the implementation of these tools, providing its clients
with recommendations for tweaking their content to better suit their
users.
Already, Plista has signed up Kölner Stadt Anzeiger of DuMont publishing house and the download portal pro.de for the product and, Plista says, they have already seen increased page views, downloads, and revenues.
Simon
Schneider, Investment Director at High-Tech Gründerfonds, foresees
personalization becoming a necessary tool in the future of marketing,
stating that he and his fellow investors “expect an ever-increasing
demand for intelligent solutions in the field of personalization and
targeting on the Internet of the future. Therefore, we see a great
potential for both the domestic market and the internationalization of
the service.”
The Web 2.0 explosion gave users the ability to
alter the content on the Web in a free and easy way, but publishers
have been slow to capitalize on technology that targets users based on
their content and interests. Besides ads, this is still a maturing
technology as yet untapped. Plista is looking to change that.