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Permuto

Permuto provides businesses in Australia with spatial ETL consultations, advice, and solutions.

Backed by

Rembrandt Venture PartnersRembrandt Venture Partners
ONSET VenturesONSET Ventures
Reid HoffmanReid Hoffman
Jeff ClavierJeff Clavier

Raised 10M EQUITY on September 27, 2010

About

Buysight (formerly Permuto) operates an intent-based ad-serving platform that buys consumer search-intent data, matches shopper intent with retailer offers, and serves real-time targeted ads across publisher inventory.

Mission

Permuto, which is rebranding as Buysight, develops an intent-based ad-serving technology that captures shoppers' intent on search and shopping engines and serves targeted ads in real time. The company purchases an index of consumer intent search data from search engines and partners with retailers to place intent-driven ads on publisher sites. Buysight says its network reaches 65 million people monthly and includes hundreds of advertisers and thousands of publishers. The startup raised $10 million in funding from Onset Ventures, Rembrandt Venture Partners, Reid Hoffman, Jeff Clavier and others, bringing total funding to $16 million. Co-founder Shaukat Shamim says Buysight turns data into insight for retailers and aims to provide publishers with more relevant ads and a better visitor experience. The company emphasizes delivering intent-based ads in real time to improve targeting by linking search intent with publisher inventory.

Quick Facts

Founded

2013

Funding

EQUITY

Industry

Internet

Team Size

1-10

Headquarters

Sydney, New South Wales, Australia