Programmatic Adtech Platform The Trade Desk Acquires Digital Ad Data Provider Sincera
- The Trade Desk announced the acquisition of digital ad data provider Sincera, marking its second acquisition since 2009.
- Financial terms were not disclosed, but Sincera's co-founder and CEO, Mike O'Sullivan, will report to The Trade Desk's CEO, Jeff Green, after the deal closes in the first quarter.
- Sincera helps advertisers optimize campaign investments and provides insights into data quality, which will enhance The Trade Desk's platform.
- The Trade Desk's venture group TD7 previously invested in Sincera's seed funding round, indicating ongoing collaboration between the two companies.
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