Have you ever surfed the internet and came across content with an embedded advertisement that conveyed polar opposite messages? Like a medical website informing its readers on high cholesterol causes and treatments, and the featured advertisement box runs a donuts brand’s special time caramel deluxe flavor? In today’s ever expanding world of digital content, this is sadly commonplace. Publishers pay top dollars to render their advertisements in front of real, qualified consumers, but their advertisement verification system fails them. CHEQ, an Israeli cybersecurity company, uses cutting-edge artificial intelligence (AI) technologies to learn the nuances of digital content and publishers’ advertisements, prevent advertisement fraud, and even ensure advertisements are viewable by the targeted audience. Here’s a primer on CHEQ, a global AI company that controls the flow and placement of advertisements in today’s digital content world.
CHEQ was founded by Guy Tytunovich, a former captain of unit 8200 and a serial entrepreneur in the digital landscape, co-founding AdZouk and BigaBid. A brief foreshadow of his entrepreneurial pursuits could be embodied by the e-commerce management system he built and sold for $25,000 while still in high school. With years of experience under his belt in the digital advertising space, Guy learned the extent of security and safety in brand advertising, or lack thereof, and grew displeased. Verification solutions lacked transparency, vision and innovation and worst of all, they acted reactively. And as a result, Guy saw the opportunity in the market: preemptive security.
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Guy quickly brought brilliant minds on board, like CTO Assaf Botovsky, CPO Yossi Weinreb and CSO Daniel Avital to build a ship capable of navigating the global sea, with his sights set on an ambitious target: revolutionizing mega-brand advertising with Autonomous Brand Safety.
Advertising is at an inflection point, according to Daniel Avital. “Everything is free online today because of advertising. It’s the fuel that allows content to remain free.” But the lack of transparency among advertising security vendors has forced brands to compromise with the offerings and resulted in the mindset of aversion. “Major brands have diverted substantial portions of their budgets back to TV, billboards and print mediums (offline advertising), which is an existential threat to the entire online ecosystem” explained Avital. “Ultimately, the goal is to create a digital advertising ecosystem where advertisers feel safe and in control. This was the goal of CHEQ when it was founded.”
