Target Data Raises $1 Million from Facebook Investor

Moving is a stressful process for the people doing it, certainly, but also for the marketers trying to reach them at that time. Target Data is a marketing solutions company that’s built its business on using big data and analytics to reach people in the pre-moving stage. Their objective is to make it easier for marketers to reach those people—frenzied though they may be—before they move. Their just-announced round of funding, $1 million from Bay Area firm Western Technology Investments (WTI), is a vote of confidence that they’re doing something right.

Last spring, Target Data raised $3 million in a round led by Apex Venture Partners. “We will use the new funds to continue to invest in world class talent, specifically analytics and marketing strategy positions,” said president and CEO Ross Shelleman. “We will also use the funds to launch a new digital offering where we will work with third parties to translate our offline data to online data for targeted display advertising.”

For marketers, movers are a valuable audience. Not only are they looking for a number of services as they pack up one home and head to another, they are also in the market for lots of new goods to stock their new abodes. Their struggle is getting their messages in front of people before they move, and that’s where Target Data comes in.

Learn more about Target Data and WTI here.