Tapjoy Closes $30M Series D Financing

Tapjoy, Inc., a San Francisco, CA-based mobile applications network, has closed a $30m Series D financing.

The round was led by new investors advised by J.P. Morgan Asset Management, with participation from existing investors Rho Ventures, North Bridge Venture Partners, InterWest Partners and D.E. Shaw Ventures.

The company intends to use the funds to continue to accelerate its product technology roadmap, expand its direct advertiser relationships, broaden its services, and pursue new opportunities.

Led by president and CEO Mihir Shah, Tapjoy  has developed a technology platform designed to allow developers to discover, distribute and monetize mobile applications, and advertiser to reach millions of users and gain exposure for products.

The network spans over 9,000 applications and 200 million global consumers on iOS, Android and emerging mobile platforms.

The company also has offices in New York, London and Tokyo. For more information.

FinSMEs

07/07/2011

One comment

  • Tapjoy has formed an advisory board consisting of seasoned executives from leading companies within the mobile, media, advertising and technology industries.
    Members include:
    Peter Yared, CTO of CBS Interactive;
    Bernardo Hernandez, Head of Emerging Products at Google;
    Jeff Lanctot, CMO of Razorfish;
    Arjun Sethi, CEO of LOLapps;
    Shane Kim, former Microsoft executive and current Board Member at GameStop;
    Jim Elms, Lead of Global Strategy and Insights at UM;
    Matt Ocko, Managing Director of Archimedes Capital; and
    Tom Moss, CEO of 3LM.

    FInSMEs

    07/12/2011

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