Suvarna Garge (Editor)

Factual

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Industry
  
IT Services

Founder
  
Gil Elbaz

Type of business
  
Private

Website
  
www.factual.com

Founded
  
2008


Key people
  
Gil Elbaz, Founder and Chief Executive Officer Bill Michels, Senior Vice President of Product and Partnerships Rob Jonas, SVP of Revenue Boris Shimanovsky, Vice President of Engineering

Services
  
Data Mining, Data analysis

Headquarters
  
Los Angeles, San Francisco, Shanghai, New York City, Chicago, London

Profiles

Factual company pitch at jobnob docstoc happy hour la


Factual, launched in 2008, is an open data platform developed to maximize data accuracy, transparency, and accessibility. It provides access through web service APIs and reusable, customizable web applications. It is described by its founder, Gil Elbaz as "a platform for anyone to share and mash open data". Factual has data sets about local place information, entertainment and information derived from government sources. Dr Tim Chklovski co-founded the company. Commercial consumers of the datasets include Facebook Places and SpatialMatch. Factual intends to provide discounts to data consumers that contribute improved data back, in order to encourage crowd sourcing and other collaborative approaches to data creation and curation.

Contents

Factual is currently using its location-based data-mining for purposes of geo targeting advertisements to smartphone users. This service, known as Geopulse, makes use of location-tracking data (since each smartphone acts by default as a GPS tracking beacon, and much can be learned about each user's interests, income, and spending habits simply by virtue of where each person spends his/her time), data gathered from trusted data providers, and other sources (such as census data). This enables highly specific ads to be targeted to users when they are most likely to be "receptive" (i.e. vulnerable) to the influence of advertising.

Gil elbaz founder factual at launch mobile wearables 2013


References

Factual Wikipedia


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