News
Jumptap raises another $26m
Tim Green Aug 27 2008, 10:54am
JumpTap has closed a Series D round of funding in excess of $26 million.
The investment brings the total raised by the mobile search pureplay to $72 million. All existing investors also participated in the round including General Catalyst Partners, Summerhill Venture Partners, Redpoint Ventures, Valhalla Partners, and WPP. It was led by AllianceBernstein L.P.
Jumptap said the fresh funding would help prepare it for the expected growth in mobile advertising. It currently works with 17 carriers in nine countries, including AT&T, Alltel, U.S. Cellular, Virgin Mobile USA, Boost, Rogers, Bell Atlantic and Telefonica.
