Adobe announced this week that it has reached an agreement to acquire a cloud-based video collaboration platform, Frame.io. The purchase price is $ 1.275 billion.
With Frame.io, video editors collaborate on cloud-first workflows. The acquisition integrates Frame.io review and approval functionality into Adobe’s innovative software offerings, including Premeiere Pro and After Effects video editing products.
This is the second discovery by Adobe last year that supports the creative nature of collaboration. Adobe earned $ 1.5 billion last December by bringing the collaboration tool to the market software suite. “Collaboration is the next wave of innovation – Digital collaboration is now the foundation of all innovation efforts,” Adobe executives announced in a press release.
Getting Adobe Frame.io brings Adobe Creative Cloud collaboration services to video. Adobe recently introduced enhancements to Adobe Creative Cloud Libraries, Cloud Documents, Design Systems for Adobe XD, Adobe Stock and Adobe Fonts. Incorporating Frame.io into the creative collection allows teams to collaborate on Adobe Premiere Pro, Adobe Photoshop, Adobe Illustrator and other Adobe Creative Cloud applications.
Frame.io co-founder and CEO Emery Wells and co-founder John Traver will join Adobe. The deal is expected to be finalized in the fourth quarter of Adobe 2021.
With other customer experience and digital marketing software news …
Tokdesk is in the 10s after a $ 230M funding round
Consumer experience software provider Tokdek has announced the closure of a $ 230 million series of financial support for the company, estimated at more than $ 10 billion. The company also announced the appointment of Sydney Kerry as Chief Financial Officer.
Funding is provided by new investors from Well Rock Capital Management, TI Platform Management and Alpha Square Group. Existing investors include Amity Ventures, Franklin Temple, Senior Capital Partners, Viking Global Investors and Willoughby Capital. In total, Tokdesk has raised $ 498 million since 2011.
Kerry joined Toddisk with Sumo Logic, where she led the organization through its first public offering. She is a CFO at Duo Security (acquired by Cisco), Aptus, Zisler and Mongo DB. He has also served as Executive Vice President and CEO of Tibiko Software, a multi-billion dollar public software company. Kerry currently serves on the Board of Directors for Asana and the Board of Directors.
Open source CMS provider Umbraco acquired by investor Monterro
Content management system provider Umbraco has been acquired by Swedish software developer Monterro. Monterro now has a large stake in the CMS provider in Denmark. Umbraco CEO Kim Snum Madison will continue to lead, and founder Nils Hartvich will leave the company in search of more opportunities.
A.D. Founded in 2005, Umbraco Supply is the main, open source Umbraco CMS; Umbraco Heartcore, headless CMS; Umbraco cloud; And Umbraco Uno, a platform for non-technical marketing and innovation agencies. Monterro has completed 17 investments and 17 additional investments since 2012. These include work experience from companies such as Pointsec, Orc Software and CMS provider provider, now in good condition.
Moleko closes $ 150 million series C finance
Moloco, a provider of machine learning and development solutions for mobile app marketers and ecommerce companies, has announced a successful $ 150 million series C grant. Leopard Global Management, which focuses on public and private companies in the global Internet, software, consumer and financial technology industries, has led the round with the participation of existing investors. Moloko has raised a total of $ 200 million to date. The latest funding will cost the company $ 1.5 billion.
Molkoco was founded in 2013 by Ikkjin Ahn, a former YouTube engineer. While on YouTube and Android, Ahan built significant parts of the company’s information and machine infrastructure. Molocon developed the vision of making advanced machine learning algorithms available as a cloud service.
Molcoco Cloud is the Advertising Side (DSP) for advertisers to purchase advertising listings in the mobile app ecosystem. It uses the company’s machine learning engine, first-party information, and context symbols to optimize advertising costs.
Amplifier launches Google Core Web Needs
Business Experience Forum Amplifier has developed a new algorithm, Core Web Vitality. Dynamic Media, Amplified Automated Image and Video Content Management Solution, creates experiences from eCommerce sites to product listings. Automated content optimization is designed to help retailers provide the digital experience that meets the new web security and get the most out of Google SEO results.
Google has introduced three new standards that focus more on digital experience – the time it takes for a website to load the largest image and text; The frequency of a website; And the consistency of the content.
Amplience’s Dynamic Media solution uses Microsoft-based, API-first, cloud native and MACH technologies to accelerate and automate processes, integrate images and videos with all content, and provide images in format, size, and pixel density.
Amplifier also introduced the smallest and most compatible image formats for automation based on the browser; Extensions that include changing brand names or branding extensions, as well as allowing brand names to build their own, and image recognition, a tool for finding, filtering, and organizing images based on specific features.
ActionIQ partners with Mercury
Customer Experience Management (CXM) Merkle has announced that it has expanded its initial partnership with Customer Data Platform (CDP) provider ActionIQ. Merkel has completed the full integration of Merkury Identity Forum in ActionIQ, which aims to address consumer identity and enhance digital customer profiles to enhance market privacy.
Mercury Mercury analyzes, purifies and integrates anonymous and well-known consumer identity and brings U.S. consumers into an integrated solution for offline-based data features. Enables digital client profiles with offline data; Links distributed customer information to Global ID by combining features and tags; And applies to cookie-free addresses to paid media channels and major publishing platforms.
According to company officials, the increase in the accuracy and richness of human-based tags will be expanded on ActionIQ PersonMatchTM, an identity product supported by CDP’s existing machine learning.
NICE Enlighten launches XO
Nice has announced the launch of Enlighten XO, which generates insights from real-time conversations to build self-service with advanced AI. Enlighten XO facilitates the development of digital self-service applications by bringing information from past interactions to improve future self-service experiences. With Enlighten XO, organizations can adopt an informed, self-taught, realistic approach to maximizing self-service efficiency.
Analyzes interactions from platforms to find the best opportunities for automation, and identifies customer needs, training phrases, and problem-solving activities.
mParticle introduces data privacy and control features
CDP provider mParticle has announced a series of new features designed to help companies maintain compliance with data privacy rules and regulations, including the latest Apple iOS 14.5 App Tracking Transparency (ATT) requirements.
The Apple iOS framework, which includes the APT framework, is designed to address users’ privacy concerns and help users understand and control how they monitor and use their data. The new Particle features help CDP clients enforce grain privacy controls in compliance with iOS 14.5 privacy guidelines.
The new features extend mParticle’s existing data management capabilities, which previously supported the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCP). Privacy features are built to increase the amount of granularity that consumers want to see.
- IDFA Data Minimization: mParticle allows the client to control the data sent to and from the platform. Since mParticle’s Apple SDK version 8.0, the mParticle platform will no longer collect Apple Identity for Advertisers (IDFA). App developers can still manually select to submit IDFA.
- Record ATT Agreement Status – mParticle acts as a recording system for ATT agreement decisions related to each Apple device (iPhone, iPad, Apple TV).
Mark Picon joined Akian from Adobe
Acquia Digital Experience Platform welcomes Mark Picon to the team as CEO and Vice President of Product Cloud. Picon has previously served as Vice President of Information and Information Services at Adobe, where he oversees information strategy, platforms, data management, administration and analysis across all business and corporate functions.
Prior to Adobe, Picon was responsible for global data development in all data and analytics products in 27 countries. Prior to Experian, he served in CTO as a Group Managing Director, General Manager, and Harte-Hanx Direct Marketing.
Kibo announces Allison Dansin as CMO
Kibo, a commercial supplier, has announced that Allison Dancy has joined the company as a CMO. Prior to joining Dancy Kibo, she was a CMO at OneTouchPoint, and previously a marketing leader for Got Transfer, Subscription and Billing Software Provider. Prior to joining marketing positions with OpenText and CDS Global, she began marketing activities with IBM and Vignette.
inMotionNow adds a new CMO
In other management announcements, RS Sumers, a marketing asset management solution provider, introduced the new company as CMO. Somers inMotionNow from TrustRadius, a startup that facilitates peer-to-peer business technology reviews. Prior to TrustRadius, Sumer led TrendKite, a public relations measurement device acquired by Cision in 2019 for $ 225 million.
The April 2021 merger between InMotionNow and Lito has resulted in new permanent executive roles and promotions.
- Nils Bowman, co-founder and CEO of Lytho, has been named president of inMotionNow and will be in charge of strategy and international partnerships.
- Monique Hope, former vice president of production, has been appointed vice president of production and EMEA jobs COO. She leads the integration of the two technology platforms around the world.
- Kevin Williams has been appointed Chief Consumer Officer and will be responsible for sales with customer experience, including customer growth and retention.
- Britney Pace has been appointed Vice President for Customer Experience.