Sense Networks gets $6M in hotly contested deal for “tribe” advertising

Sense Networks gets $6M in hotly contested deal for “tribe” advertising

Sense Networks, a company that can track “tribes” of people — such as those who like the same bars and same movies — to better target them with instant advertising, has raised $6 million in new venture financing in a hotly contested deal.

Semiconductor giant Intel led the deal, after beating out Sequoia Capital, the well-known Silicon Valley venture capital firm, we’ve learned from a source very close to the deal. The negotiations got tense after… Continue Reading

Sense Networks experiments with indexing the city

Sense Networks experiments with indexing the city

In what may be a first step toward bringing some real-time intelligence to local recommendation sites like Yelp and CitySearch, a startup called Sense Networks is today unveiling a new platform, called Citysense, that it says can create a Google-style “index” of places in a city based on where people are going.

Think of people as being a bit like members of nomadic tribes, and you’ll be on the track to understanding what Sense wants to… Continue Reading