The importance of Search Engine Optimization (SEO) is nothing new. Yet, it seems that more and more advertisers are realizing that the significance of SEO to their business has risen as they have essentially hit a ceiling with their SEM activities. As the SEMPO State of Search Engine Marketing 2008 report puts it: “Despite increasing ad spend and year-to-year growth in the value of search engine marketing, we are likely nearing a pricing plateau as advertisers near their maximum efficacy.”
A newly launched SEO platform called ‘Drive’ by Jerusalem-based RankAbove wants to assist large websites—ones that range from 1000 pages to as far as several million—to get the most out of their SEO juice. In many ways, RankAbove is the flipside of hotshot Kenshoo, which aims at the same target market but with an SEM solution.
Conductor, a New York-based provider of SEO measurement and optimization solutions, has raised a Series B round of funding to the tune of $10 million, led by Matrix Partners and joined by FirstMark Capital, who led the startup’s Series A financing.
Conductor markets technology which aims to empower online marketers and interactive agencies to gather reliable data on their SEO efforts, make better decisions on capturing natural search market share and accurately measure ROI for their employers or clients.
Israel-based search engine marketing (SEM) automator Kenshoo has received another capital injection from its existing backers Sequoia Capital and Arts Alliance.
As with the Series A round, this second round of funding remained undisclosed, although our contact person at the company ensures it that this was an “up-round” financing and that the valuation was “50% higher than the last time” it attracted outside capital.
The startup, based out of Tel Aviv but active worldwide, says it will use the funding to further fuel its expansion and explore new business opportunities in the search marketing space.
Omniture is extending its SiteCatalyst measurement tool to native iPhone applications, enabling developers and marketers to gain insight on how users are interacting with their iPhone apps, based on real-time information. This should allow them not only to improve the user experience based on analytics, but also make adjustement necessary to generate more revenue by enhancing ad clicks, purchasing and increasing page views.
The new offer, which is basically an extension of its existing SiteCatalyst solution, is called App Measurement for iPhone and will be generally available as from January 2009. To our knowledge this is the first analytics program specifically designed for native iPhone applications, but it’s safe to say other providers will soon follow suit with similar offerings.
All you search-engine marketing consultants watch out. Sequoia Capital just invested in Kenshoo, an Israeli startup that automates the whole process of creating and managing search-engine marketing campaigns. It is a labor-intensive activity that has given rise to an entire cottage industry. Kenshoo competes with bid-management software from all the giants in online advertising (DoubleClick, aQuantive’s Atlas Solutions, and Omniture), but it goes a step beyond that to look at the quality of the campagns. It finds relevant keywords across search engines, and changes the campaigns to maximize their returns. The company’s press release quotes Sequoia partner Michael Moritz (who invested in Google):
Mastery of search engine marketing is the biggest single challenge facing any marketer or advertiser. Sequoia Capital invested in Kenshoo because of its fresh approach to this task and because the company’s battle-hardened software has already paid off in thousands of different search campaigns.
Although Moritz sat on the evaluating committee, he is not the investing partner. Yuval Baharav, a partner in Sequoia’s Israeli office, is the one who invested and will take a board seat. This is Kenshoo’s first venture round. Terms were not disclosed, although one report in an Israeli paper puts it at a few million dollars. Previously, the startup raised about one million dollars from angel investors, and has been funding itself from operations. The new money will be used to make a marketing push into the UK and parts of Europe in the first quarter of 2008, and the U.S. in the second quarter.
