Jumptap Closes $25 Million Financing Round

Jumptap completed a $25 million financing round. Existing investors AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners and WPP, as well as new investors participated in the round. Jumptap plans to use the capital to accelerate its growth through product and technology development, and added staffing to support increasing client demand. Jumptap is a Cambridge, Mass.-based company involved in targeted mobile advertising.

5 May 2011•3 mins read
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