Viant Technology Announces Acquisition of IRIS.TV
12 November 2024 - 10:03PM
Business Wire
Viant Technology Inc. (NASDAQ: DSP), a leader in AI-powered
programmatic advertising, today announced it acquired IRIS.TV, a
global content data platform built for CTV. Major content owners
and platforms rely on IRIS to supply a consistent content signal to
marketers. IRIS has integrated with over 1,400 video content
owners, platforms and content management systems indexing over
60,000,000 streaming video files. This acquisition will accelerate
the mission of IRIS to expand its CTV content identification at
scale across premium publishers.
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the full release here:
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IRIS’s position at the intersection of
CTV and the ad tech ecosystem aligns seamlessly with Viant’s vision
for the future.(Graphic: Business Wire)
“The IRIS team has built an outstanding platform that addresses
a huge problem in the ecosystem around standardizing content
classification in CTV,” said Tim Vanderhook, CEO of Viant
Technology. “We are excited to support their mission to enhance the
value of premium CTV content in the bidstream. IRIS’s position at
the intersection of CTV and the ad tech ecosystem aligns seamlessly
with Viant’s vision for the future.”
IRIS enables major advertisers and agencies to target and
measure video campaigns using content-level contextual, emotional
and brand-suitability data. IRIS's technology leverages AI to
analyze video content about each episode, movie or clip. The IRIS
Content Data Platform and IRIS_ID was built to support a diverse
set of use cases to enable CTV to reach its full potential, and
Viant is committed to continue making the IRIS_ID available to the
entire ecosystem. IRIS will continue to operate independently, led
by co-founders Field Garthwaite and Richie Hyden.
“We are excited to join the Viant team while continuing our
global CTV content identification mission,” said Field Garthwaite,
co-founder and CEO of IRIS.TV. “Tim and Chris are true industry
visionaries, who have withstood the test of time in an industry
that is constantly evolving. Their leadership in AI, CTV, and
innovation will provide us with the support we need as we continue
to expand IRIS.TV’s reach.”
Viant management will be discussing the acquisition on their
upcoming third quarter 2024 earnings webcast, which will be held
today November 12th at 2:00 p.m. Pacific Time (5:00 p.m. Eastern
Time). Interested parties may access the webcast through Viant's
investor relations website at https://investors.viantinc.com.
ABOUT VIANT TECHNOLOGY
Viant Technology Inc. (NASDAQ: DSP) is a leader in AI-powered
programmatic advertising, dedicated to driving innovation in
digital marketing. Our omnichannel platform, built for Connected TV
(CTV), allows marketers to plan, execute, and measure their
campaigns with unmatched precision and efficiency. With the launch
of ViantAI, Viant is building the future of fully autonomous
advertising solutions, empowering advertisers to achieve their
boldest goals. Viant was recently awarded Best Demand-Side Platform
by MarTech Breakthrough, recognized as a Great Place to Work®, and
received the Business Intelligence Group’s Innovation Award for AI
Advancements.
ABOUT IRIS.TV
IRIS.TV, a Viant Technology company, is the only data platform
built for video and CTV. We structure, connect, and activate the
world's video-level data to create better viewing experiences and
advertising outcomes. Our content identifier, the IRIS_ID, enables
our partners to build scalable advertising solutions for contextual
and brand-suitability planning, targeting, and measurement. Learn
more about the IRIS_ID and the IRIS-enabled™ ecosystem of premium
publishers, data partners, and ad platforms at
www.iris.tv.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112771393/en/
Media Contact: Marielle Lyon press@viantinc.com
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