Global SaaS (Space-as-a-service) company Yanolja Cloud (CEO Jongyoon Kim) acquired Dable (CEO Chaehyun Lee, Seungkook Baek) to strengthen the AI technology in the global market.

Dable, established in 2015, is a global adtech company with industry-leading AI technology. It operates more than 40% of sales from the global market. Based on AI, data, and global business, Dable conducts the business with the goal of becoming the next unicorn company, recording an average annual growth rate of more than 108%. Dable is well-evaluated in the global market when it comes to its technology with the user-customized content recommendation service and native ad platform based on AI including big data, NLP (Natural Language Processing), and deep learning. This year, it is accelerating its global expansion by achieving the number one position in the industry of 'personalized content recommendation service' and native ad in Korea, Taiwan, Vietnam, and Indonesia, etc.

As a SaaS company offering the software for various spaces, Yanolja Cloud decided to acquire Dable for the synergy to combine Dable's AI technology and the solution-based global big data business of Yanolja Cloud. It plans to strengthen its position as an AI-based global SaaS company through the digitalization of spaces, global distribution of digitalized information, and expansion of data business.

In particular, it plans to introduce more automated hotel solutions by combining AI and blockchain with cloud and IoT, the core technologies of global hotel solutions. Through NLP and deep learning, it is expected to analyze customer behavior data in the app and provide customized recommendation services.

In addition, Yanolja Cloud plans to optimize DSP (Demand-side Platform) for the industry built for the spaces including travel and hospitality, leisure, and residence so that it can recommend relevant content for consumers through various digital channels. Through the platform, the companies will be able to significantly improve advertising efficiency. As AI leaders, Yanolja Cloud and Dable are expected to lead the advancement of industry-customized digital marketing and automation of operations throughout the industry.

“We will innovate and lead the market with the space-specific deep learning-based DSP with Yanolja Cloud, the global SaaS company,” said Chaehyun Lee, the CEO of Dable. “Dable will grow its competitiveness in the global market by proactively recruiting talents and expanding our global business.”

“With this opportunity, Yanolja Cloud was able to secure the core capability for the global data platform establishment with differentiated technology that digitalizes the spaces,” said Jongyoon Kim, the CEO of Yanolja Cloud. “As an AI-based global SaaS company, we will lead the digital transformation of the global industry built for spaces through advanced services and digital marketing capability.”​