JumpTap Raises $26 Million in Fourth Round of VC - Cambridge, MA
JumpTap, a Cambridge-based provider of mobile search and advertising services, announced on Tuesday that it has raised $26 million in its fourth round of venture capital, which was led by AllianceBernstein. Founded in 2004, JumpTap has developed search and advertising solutions software that uses insight from search behavior combined with operator data to deliver targeted and tailored mobile ad delivery. The company also offers premium mobile content channels, including communities, entertainment and portals. Its networks reaches over 150 million mobile subscribers through partnerships with 17 mobile operators and numerous content publishers.