Funding Round-Up: JumpTap, Brand.net
ADOTAS — Mobile search and ad company JumpTap has closed a Series D round of funding in excess of $26 million, the company reports. AllianceBernstein L.P. led the round, with all existing investors also participating, including General Catalyst Partners, Summerhill Venture Partners, Redpoint Ventures, Valhalla Partners and WPP.
The money will be used to develop JumpTap’s mobile search/ad solutions and grow its global ad sales and operations divisions.
Online advertising network Brand.net has finalized a Series B round of financing that totals about $10 million. The round was led by Norwest Venture Parters with participation from current investor InterWest Partners.
The funds will be used to build up its tech platform.
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