|Fund Raised||$75 Million|
|Investor||SoftBank Vision Fund 2, EQT Ventures, ACE & Company, and Octopus Ventures,|
Permutive 75M Series Softbank Fundtaylortech.eu
Audience platform, Permutive bags $75 million led by SoftBank Vision Fund 2 in series C to build programmatic advertising safe and private. After this lending round the total funding raised by Permutive will become $105 million. Exinvestors join the board with new investors and discuss growth.
CEO Joe said that many companies use user data and history to bring relevant ads on screen but compromise user data at Permutive we use an AI programme that encrypts and safe keeps user data from publishers and advertisers to view ads.
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Moreover, our program is optimised that uses user searching patterns to make an ads list to view.
With the Permutive program, one can see 2000% growth in targeted ads as we deliver personalized ads experience without compromising user privacy.
Advisor Softbank, Max Ohrstrand said that changing the old school method of advertising to a new revolution tech is needed and Permutive is one who breaks the chain and keeps user data safe.