population) have seen video ads with commerce or interactive/dimensional capabilities from KERV as it delivered campaigns on behalf of hundreds of agencies and brand clients (based on internal data). Since October 2021, 90 million unique users (about 30% of the U.S. The result is an unprecedented audience-to-brand connection and shopping functionality that is only possible through KERV’s patented technology. Leveraging breakthrough machine learning techniques and AI with unmatched processing speed, KERV’s technology recognizes depth, dimension and objects within a video just as precisely as the natural eye does and enables every frame in a digital video to be an immersive, interactive experience for consumers. KERV Interactive is revolutionizing the future of video engagement through dimensional storytelling. Our technology is an essential part of that adoption.” This year has been a breakout year for KERV in terms of revenue and partners as shoppable video is everywhere, from social channels to streaming TV. Gary Mittman, CEO of KERV Interactive said, “With Trinity Capital and Plaza Ventures backing KERV, our company is well-positioned for continued growth. We’re pleased to partner with the KERV team and support them as they continue to scale and grow.” Phil Gager, Managing Director of Trinity said, “KERV is leading the way in advancing video technology using artificial intelligence and machine learning, providing high consumer engagement. We are very excited to be partnering with KERV and are looking forward to supporting the company's continued growth." Founded in Austin, KERV has spent the last seven years investing in its platform, solidifying its unique patents, expanding its talented team, and growing its customer base.ĭan Israelsohn from Plaza Ventures said, "KERV's proprietary technology and strong management team are creating one of the ad-tech industry's next major digital solutions. This round increases the cumulative funding raised to $30 Million to accelerate continued growth in technology, marketing, and sales. (NASDAQ: TRIN) (“Trinity”), a leading provider of venture capital and equipment financing to growth stage companies provided a $7.5 million facility and the balance included participation from Plaza Ventures and Vestech Partners. AUSTIN, Texas, (GLOBE NEWSWIRE) - KERV Interactive, a digital advertising platform, today announced that it raised $12 million in growth capital.
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