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NebuAd rises from the ashes

Written on
May 20, 2009 
Author
Edward Barrera  |
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NebuAd rises from the ashes

startup_small.jpgADOTAS — Hold off on the death notice for the scorned behavorial targeting company, which has been embroiled in lawsuits and faced federal scrutiny.

Apparently, NebuAd is being rebranded in the UK as Insight Ready. According to No DPI, NebuAd’s phone number gets answered by Insight Ready and NebuAd were branding its platform product “Insight.” After hours, NebuAd’s UK number goes to the voicemail of NebuAd’s Commercial Director, Tony Evans. During the day, the call is answered as Insight Ready. The Insight domain is also registered by Nebuad.

NebuAd, a deep packet inspection company, has been battling in court, and it appeared that it was closing down, apparently protecting itself from further litigation.  The Federal Trade Commission last year held hearings on the company which had technology that allowed it to capture consumers’ online behavior by looking at the traffic that passes through their ISP.

Depending on what they did with the assets, it’s unclear if this latest move will protect the company in an ongoing privacy lawsuit or if it plans to get back into the ISP capture game in the UK. Another question is whether investors Menlo Ventures and Sierra Ventures, which poured more than $30 million into NebuAd, knew that the company was being reborn.

UPDATE:
According to ClickZ, Evans said he is working with the new company on a consultancy basis, and that NebuAd’s U.K. Managing Director, Paul Goad, is the Managing Director of Insight Ready. An Insight Ready employee said while NebuAd intended to use ISP data, the new company won’t.

UPDATE II: It will launch “in several weeks” and will “collect behavioural data in partnership with website owners. The data will be “anonymised” and sold on to ad networks, with the cash split between websites and Insight Ready.”

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