UPDATED 21:10 EDT / MAY 28 2019

APPS

LinkedIn buys digital identity management firm Drawbridge

Microsoft Corp.-owned LinkedIn Corp. has made another acquisition, buying a digital identity management company called Drawbridge Inc. for an undisclosed price.

LinkedIn said today that it plans to use Drawbridge’s technology to improve its Marketing Solutions tools, which are used by marketers to create ads, generate leads and drive website traffic.

Founded in 2011, Drawbridge uses internally developed machine learning technology, a subset of artificial intelligence, that helps companies better understand their customers. Its software is focused on issues such as customer experiences and identity, digital security and risk detection. The company had raised $69 million via five funding rounds prior to being acquired by LinkedIn.

LinkedIn said in a blog post the plan is for Drawbridge to help its marketing customers “better reach and understand their professional audiences and measure the ROI of their campaigns across mobile and desktop.”

One potentially useful factor is that Drawbridge’s tools can integrate with a number of marketing platforms and personalization systems, including those sold by companies such as Adobe Inc., Oracle Corp. and Salesforce.com Inc.

Microsoft appears to have left LinkedIn largely to do its own thing since buying it for a massive $26.6 billion back in 2016, and today’s acquisition is the business-oriented networking site’s fourth since being taken over. Its most recent acquisition prior to this was a workforce analytics company called Glint Inc., which sells tools that provide insights into employee sentiment and cost around $400 million when it was snapped up in October.

Photo: Fred Guitan/Flickr

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU