Walmart Acquires Mobile And Social Ad Targeting Startup OneRiot

Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... ? Learn More

Walmart has acquired OneRiot, a mobile and social ad targeting startup. Financial terms of the deal were not disclosed, and OneRiot will be joining Walmart Labs.

As we’ve written in the past, OneRiot recently switched its business model; shutting down its realtime search portal and focusing exclusively on monetizing via its realtime advertising network. The startup then moved into providing a social targeting service for mobile ads within apps.

By way of history, OneRiot first ventured into the advertising world in 2009 with RiotWise, an ad format which places content in an emphasized position in their realtime feed. OneRiot also launched RiotWise Trending Ads, a stream of ads that correspond to trending topics as they emerge across the social web, and rolled out self-refreshing realtime trending ads and a self-service version of RiotWise.

Now, OneRiot allows advertisers to reach targeted audience segments on mobile, from busy moms to tech influencers to sports guys to fashionistas. Segmentation and targeting are based on factors such as audience interest profiles, demographics, social influence and realtime conversations. OneRiot’s audience profiles are created by mining and analyzing public big data social streams from services (i.e. Twitter).

It’s this data mining that attracted Walmart to OneRiot and its technology. From Walmart’s announcement: OneRiot has developed some pretty nifty technology that analyzes social media signals from popular networks like Twitter and Facebook to deliver ads that are relevant to consumers’ interests. As our teams debated the finer points of Big Data, Fast Data, and machine learning technologies, it became clear to us that we could find no better colleagues than the guys at OneRiot.

Walmart has been making some interesting plays in the social, mobile and targeting space. The company acquired social media startup Kosmix earlier this year. Kosmix joined Walmart Labs, and has been working on integrating social technology into Walmart’s online and mobile offerings, including its e-commerce website, Facebook pages and more.

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Monetate Gives Control Of Consumer Experience Back To Marketers With New Testing And Targeting Tools

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Earlier this month, Monetate, the platform that provides marketers with testing and targeting services for their websites, announced that it had closed a $15 million series B funding round, led by OpenView Venture Partners, which added to the $5.1 million series A round the company raised back in December from First Round Capital and FLOODGATE. With over $20 million in the bank, Monetate has been developing a new platform that gives marketers greater control over messaging and promotions on their websites as well as testing, targeting, and personalization tools.

As we reported a few weeks ago, the coolest part about Monetate’s platform is that it can be installed using a single line of code. The startup’s newest version of its cloud-based platform enables marketers to integrate customized content and features between the eCommerce server and the site visitor’s browser.

“One of the unfulfilled promises from the early days of eCommerce was that marketers would be able to deliver the right message to the right customer at the right time”, says Monetate CEO David Brussin. “With Monetate, we have inserted a new level of agility into the eCommerce marketing experience, providing marketers with the ability to make educated campaign decisions that will directly contribute to increased conversion”.

What’s more, as marketers and marketing teams are so often on the go, Monetate 11 allows its customers to test, target, and personalize their websites on the iPad, giving users that extra layer of mobile functionality. Another bonus: All current Monetate users will be automatically upgraded to the new version of its platform.

Monetate 11, like its predecessors, aims to cut out the IT middleman by giving control of creating and measuring marketing campaigns and serving customized user experiences back to marketers. They simply enter the “who, what, when, why” of the campaign into the Monetate dashboard, and the platform takes care of the rest, offering users the ability to take advantage of campaign cloning, tagging, and filtering.

Marketers will also be able to do automatic A/B testing against a control group, tracking the results in realtime, so that marketers can quickly see the impact their new campaigns will have. Users will also have the added benefit of new targeting options, including geotargeting to tailor messages and promotions to a visitor’s specific location, weather-based targeting, and behavioral targeting.

Monetate customers will also now be able to test and deploy their own HTML and JavaScript, target recommendations based on complex business rules, and access all the data they need about traffic segments and purchasing patterns to make informed decisions about the promotions, messages, and other content they deliver to consumers through its analytics and reporting features.

Monetate is really a no-brainer for eTailers and eCommerce marketers. It’s a great solution, and along with an infusion of new capital, the startup’s new version may very well have legs. After all, its platform has already attracted brands like Petco, Urban Outfitters, Sports Authority, QVC, Casual Male, Dick’s Sporting Goods, to use its targeting and testing services on their eCommerce platforms — and Brussin told us that the company has added hundreds of millions in collective revenue to these businesses, removing the need for businesses to hire specialized teams and decrease bounce rates and shopping cart abandonment.

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