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Seedtag Acquires Beachfront, Integrating Direct Premium CTV Inventory and Enhanced Capabilities to Contextual Advertising Solution
Tuesday, June 11, 2024
Leading global contextual advertising company strengthens CTV offering amid channel growth
NEW YORK, June 3, 2024 /PRNewswire/ -- Seedtag, the global leader in contextual advertising, announced today that the company has acquired Beachfront, the sell-side ad platform built for CTV and streaming. Beachfront's advanced technology, premium inventory, and expertise in CTV advertising will be seamlessly incorporated into Seedtag's existing contextual advertising solutions, allowing clients to deliver effective, privacy-first advertising across multiple channels.
The announcement follows Seedtag's recent launch of Contextual TV, a first-of-its-kind offering that harnesses AI-based network dynamics, rich consumer insights, and bespoke creative to enable advertisers to create more effective CTV strategies and drive high-performing, privacy-compliant advertising campaigns. By integrating CTV signals such as automated content recognition (ACR) and ad exposure data with contextual data from the open web, Seedtag enables advertisers to precisely target audiences, tailor creative content, and optimize campaign performance.
Through the strategic acquisition, Seedtag and Beachfront leverage their combined expertise and resources to optimize supply paths, ensuring direct access to premium CTV inventory and delivering unparalleled value to advertisers. CTV and video publishers working with Beachfront will benefit from enhanced access to Seedtag's scaled-demand partnerships and unique, innovative contextual solutions.
"With a decade of experience maximizing campaign effectiveness on the open web by leveraging contextual AI, Seedtag is now well-equipped to help brands, agencies and publishers navigate the challenges of CTV advertising," said Jorge Poyatos, Co-CEO & Co-Founder at Seedtag. "With the acquisition of Beachfront, we will further enrich our unique Contextual TV solution by incorporating a native platform into our stack, adding additional signals to our AI, and expanding our publisher partnerships. This move aligns perfectly with our mission to create the most effective advertising technology for a privacy- first world, now also available on CTV."
CTV ad spend is expected to increase to over $30 billion in 2024 - a 22.4 percent increase from the $24.6 billion spent in 2023 - according to eMarketer. Seedtag's integration with Beachfront will give advertisers a deeper understanding of audiences across multiple devices. This will empower media buyers to deliver more relevant and impactful advertising in CTV, while also enabling publishers to capitalize on the unique opportunities presented by ad-supported streaming.
"In recent years, the CTV advertising ecosystem has undergone significant growth and transformation. Beachfront has proudly served at the forefront of this industry-wide change, helping premium CTV media sellers to drive monetization and deliver exceptional viewer experiences," said Chris Maccaro, CEO at Beachfront. "As a leader in contextual advertising, Seedtag's unique solutions, global footprint, and scaled demand partnerships will help advance Beachfront's services and create value for our CTV publisher partners."
"As we have done on the open web, Seedtag is committed to bringing unique, innovative solutions to contextualizing CTV programming. The acquisition of Beachfront will help accelerate these efforts by combining access to direct premium supply with our proprietary approach to the creation of privacy-first audiences, creative and placement optimization, as well as insightful, action-oriented, reporting and measurement." said Brian Danzis, President, North America at Seedtag.
Seedtag and Beachfront teams will start working together to ensure a smooth integration of both technologies while delivering a seamless experience to their partners.
About Seedtag
Seedtag is the leading Contextual Advertising Company that creates highly impactful and engaging digital ads within relevant premium content, powering targeting and returns for top publishers and the finest brands. The company's contextual AI, Liz, allows brands to engage with consumers within their universe of interest on a cookie-free basis.
Seedtag was founded in Madrid in 2014 by two ex-googlers who wanted to get the most out of editorial images. Today, it is a global company with more than 600 employees and a significant international presence, with offices in Spain, France, Italy, UK, Benelux, Germany, Mexico, Brazil, Colombia, Argentina, Chile, UAE, Peru, Canada, US, and India.
About Beachfront
Beachfront is the sell-side ad platform built for convergent TV and streaming. Leading Connected TV (CTV) media sellers, such as AMC, A+E, Fubo, Paramount, Philo, Spectrum Reach, TelevisaUnivision, and Xumo, use our technology to monetize their inventory and serve ads across all TV and video screens. Similarly, agencies and media buying teams work closely with us to curate and execute fully-transparent, brand-safe advertising campaigns across CTV, over-the-top (OTT), and online video platforms. Headquartered in NYC, Beachfront is a 2024 AdAge Best Place to Work and recipient of the 2023 Digiday TV and Video Award for Best Connected TV Platform. Learn more at beachfront.com.
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SOURCE Seedtag
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