Wednesday, October 04, 2006

JumpTap raises $22M in new round of funding - Cambridge, MA

JumpTap, Inc., a pioneer in the development of innovative mobile search and advertising solutions, today announced that it has received $22 million in additional funding, led by a new investor, Valhalla Partners with participation from existing investors, General Catalyst Partners, BCE Capital, and Redpoint Ventures. JumpTap will use its expanded capital to support further product development of its powerful mobile search and advertising solutions, increase staff, and meet increased customer demand in the U.S. and Europe.

http://www.jumptap.com/pr_item.aspx?pressId=13

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