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