Rokt and mParticle Merge to Redefine Real-Time Relevance

Deal News | Jan 16, 2025 | PR Newswire Cision ROKT Pte. Ltd.

Rokt, a leader in ecommerce technology, has announced a significant $300 million investment into mParticle, a customer data platform, aiming to bring about a new level of real-time relevance in ecommerce, advertising, and customer engagement. This strategic merger is designed to enhance the capabilities of both companies, combining Rokt’s expertise in ecommerce transactions with mParticle's capacity for real-time customer data management. As part of the arrangement, key personnel from mParticle, including CEO Michael Katz, will take on vital roles within the newly combined entity, ensuring a seamless integration aimed at maximizing product innovation and data security. This merger represents a continuation of Rokt’s significant growth trajectory, evidenced by a 40% revenue increase over the past year and other strategic acquisitions and initiatives aimed at expanding their influence across global markets. The combined efforts of Rokt and mParticle are also focused on maintaining stringent standards for data privacy, ensuring brands can fully utilize first-party data with robust privacy controls. Rokt’s prior initiatives also include the acquisition of AfterSell and the introduction of AI tools for improved ad efficiencies, further highlighting their aggressive expansion and innovation strategies.

Sectors

  • Ecommerce
  • Customer Data Platforms
  • Advertising Technology

Geography

  • United States – Both Rokt and mParticle are headquartered in New York City, and their operations significantly impact the US market.

Industry

  • Ecommerce – The merger between Rokt and mParticle focuses on enhancing ecommerce engagement and transactions through improved real-time relevance.
  • Customer Data Platforms – mParticle is a leading customer data platform, and this collaboration emphasizes advancements in customer data management and analytics.
  • Advertising Technology – The merger aims to create innovations in how advertising is delivered through ecommerce channels, optimizing ad spend through data-driven insights.

Financials

  • 300000000 – Rokt's investment amount into mParticle for the merger.
  • 600000000 – Rokt's annual revenue following a 40% year-over-year growth.

Participants

NameRoleTypeDescription
RoktBidding Company/BuyerCompanyRokt is a leader in ecommerce technology known for its AI and ML-powered tools that enhance transaction relevance.
mParticleTarget CompanyCompanymParticle is a customer data platform specializing in data management for multi-channel brands.
Bruce BuchananCEOPersonBruce Buchanan is the CEO and co-founder of Rokt, driving the vision of ecommerce relevance.
Michael KatzCEOPersonMichael Katz is the CEO of mParticle, continuing to lead the company post-merger.
Andrew KatzChief Technology OfficerPersonAndrew Katz will take on the role of Chief Technology Officer at Rokt post-merger.
Jason LynnChief Product OfficerPersonJason Lynn remains as Chief Product Officer of mParticle in the merged entity.
Jacqueline PurcellChief Financial OfficerPersonAppointed CFO of Rokt as part of their strategic leadership team.
Claire SoutheyChief Product Development OfficerPersonAppointed to lead product development efforts at Rokt.