Tech Company Financing Transactions
Tapjoy Funding Round
Tapjoy closed a $21 million funding round on 1/6/2011. Investors included Rho Ventures, D. E. Shaw Group and InterWest Partners.
Transaction Overview
Company Name
Announced On
1/6/2011
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Rho Ventures (Lead Investor) (Mark Leschly)
Proceeds Purpose
The new capital will be used to further solidify Tapjoy's leadership in application distribution and monetization on the iOS, Android and Facebook platforms as well as to fund growth across emerging application ecosystems domestically and internationally. Tapjoy will also use the funds to further invest in application media licensing and incubation opportunities.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
111 Sutter St. 13th Floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
The company's turnkey alternative payment platform enables developers to significantly increase their monetization rates when selling virtual goods or premium digital assets, while its cross-platform distribution services provide massive reach and cost-effective user acquisition on the leading social, mobile and gaming platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
George Garrick
Chief Executive Officer
Mihir Shah
Vice President
Ben Lewis
VP - Bus. Development
Lee Linden
VP - Engineering
Naghi Prasad
VP - Finance
Jen Tang
VP - Sales
Shannon Jessup
Browse more venture capital transactions:
Prev: 1/6/2011: Neuroptix venture capital transaction
Next: 1/6/2011: OSIsoft venture capital transaction
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