VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath
01 Mayo 2024 - 4:38PM
Business Wire
VerticalScope’s more than 65 million
registered users will now be able to use OpenPass to securely sign
on to over 1,200 communities
New partnership also incorporates an
integration with OpenPath
VerticalScope Holdings Inc. (TSX: FORA) (“VerticalScope”), a
technology company that has built and operates a cloud-based
digital platform for online enthusiast communities with 65 million
registered users, today announced it has adopted The Trade Desk’s
(Nasdaq: TTD) OpenPass and OpenPath solutions to provide secure
authentication for users and enhanced access for advertisers.
OpenPass is a single-sign-on solution created by The Trade Desk
that will be deployed across VerticalScope’s web communities,
providing users with a secure login alternative. As web publishers
face concerns related to advertising addressability and consumer
privacy, OpenPass allows them to authenticate their users in a
transparent manner and provide a premium ad experience.
VerticalScope’s platform is home to over 1,200 communities,
where specialized interest groups come together at the intersection
of content and commerce. From automotive to the outdoors,
enthusiasts can share advice, ideas and learn about new products
that suit their interests across VerticalScope’s communities.
“The ability for publishers like VerticalScope to monetize
content at scale in a way that’s also transparent and secure for
users is exactly what OpenPass was designed to do,” says Will
Doherty, VP of Inventory Development at The Trade Desk. “As
addressability continues to evolve across the web, authenticated
environments are the most appealing to advertisers.”
VerticalScope is also integrating with The Trade Desk’s
OpenPath, a solution that will give advertisers a direct path to
VerticalScope’s premium platform. This direct connection will
contribute to a more efficient auction, driving value for both
advertisers and VerticalScope. Brands and agencies that advertise
on websites like Watchuseek.com, AVSForum.com, MTBR.com and
JeepForum.com through The Trade Desk will benefit from this direct
connection that offers a more streamlined approach to the digital
media-buying process.
“Adding a direct connection with a market leader like The Trade
Desk is a great step forward for our business and our customers and
will allow us to capture a greater share of spend in the
programmatic value chain,” said Chris Goodridge, President and COO
at VerticalScope. “The Trade Desk is an industry leader, and this
partnership offers a secure and premium experience to our users,
which is why we’re also excited to offer OpenPass as a new login
option for our communities.”
About VerticalScope
Founded in 1999 and headquartered in Toronto, Ontario,
VerticalScope is a technology company that has built and operates a
cloud-based digital platform for online enthusiast communities in
high-consumer spending categories. VerticalScope’s mission is to
enable people with common interests to connect, explore their
passions and share knowledge about the things they love. Through
targeted acquisitions and development, VerticalScope has built a
portfolio of over 1,200 online communities and over 100 million
monthly active users. VerticalScope is listed on the Toronto Stock
Exchange (TSX: FORA).
About The Trade Desk
The Trade Desk™ is a technology company that empowers buyers of
advertising. Through its self-service, cloud-based platform, ad
buyers can create, manage, and optimize digital advertising
campaigns across ad formats and devices. Integrations with major
data, inventory, and publisher partners ensure maximum reach and
decisioning capabilities, and enterprise APIs enable custom
development on top of the platform. Headquartered in Ventura, CA,
The Trade Desk has offices across North America, Europe, and Asia
Pacific. To learn more, visit thetradedesk.com or follow us on
Facebook, Twitter, LinkedIn and YouTube.
Forward-Looking Statements
This news release contains forward-looking information within
the meaning of applicable securities legislation that reflects
VerticalScope's current expectations regarding future events. When
used in this news release, words such as “should”, “could”,
“intended”, “expect”, “plan” or “believe” and similar expressions
indicate forward-looking statements. Forward-looking information,
including statements regarding VerticalScope’s future monetization
strategies and abilities, advertiser demand and value and growth,
is based on a number of assumptions and is subject to a number of
risks and uncertainties, many of which are beyond VerticalScope's
control. Although VerticalScope believes that its expectations
reflected in these forward-looking statements are reasonable, such
statements involve risks and uncertainties and no assurances can be
given that actual results will be consistent with these
forward-looking statements. Such risks and uncertainties include,
but are not limited to, the factors discussed under "Risk Factors''
in VerticalScope’s Annual Information Form dated April 1, 2024,
which is available on VerticalScope’s profile on SEDAR+ at
https://sedarplus.ca. Actual results could differ materially from
those projected herein. VerticalScope does not undertake any
obligation to update such forward-looking information, whether as a
result of new information, future events or otherwise, except as
expressly required under applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20240501842084/en/
VerticalScope Holdings Inc. Vincenzo Bellissimo, Chief Financial
Officer, Tel: 416-341-7166, IR@verticalscope.com FNK IR - Matt
Chesler, CFA, Tel: 646-809-2183, fora@fnkir.com
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