Cross-device ad targeting provider Drawbridge will use data segments from eXelate, the companies said today.
The company uses algorithms to estimate which mobile devices and desktop PCs are being used by the same person, based on anonymized data such as IP addresses and geolocation. Drawbridge claims it has paired more than 600 million mobile devices (both tablets and smartphones) with users’ desktop PCs.
By teaming up with eXelate, Drawbridge has expanded its segmenting capabilities from 800 groups to 8,000. In return, eXelate can apply its audience targeting capabilities to mobile ads. The enhanced offering has been in testing with several customers andis generally available starting today.
“Our customers will benefit by having more precise targeting, and we benefit by having happier customers that want to do more campaigns with us,” said Eric Rosenblum, VP of Product for Drawbridge. “This partnership makes the process of buying media in mobile more targeted.”
As consumers spend more time on mobile devices, advertisers continue to throw money at the channel. US mobile advertising spending grew 178% from $1.5 billion in 2011 to $4.1 billion last year, according to eMarketer, and spending is expected to rise another 77.3% to $7.29 billion this year. In four years, US advertisers are expected to devote $27.1 billion to mobile — approximately 45% of all digital ad spending and 13.8% of total media ad spending that year.