Cambridge, Mass.-based Jumptap, a startup focused on mobile advertising has appointed Frank Weishaupt as chief operating officer. The company recently raised $27.5 million in venture financing. Existing investors included General Catalyst Partners, Redpoint Ventures, Summerhill Ventures, Valhalla Partners, and WPP. New investor Keating Capital also participated in the round. PRESS RELEASE On the heels of [...]
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Massachusetts-based mobile advertising marketer Jumptap has taken most of a planned $27.9 million financing, Web site MassHighTech reported. The Web site cited a regulatory filing in which Jumptap stated it has received about $20 million in funding thus far. Investors in Jumptap include General Catalyst, Redpoint Ventures, Summerhill Ventures, WPP, Valhalla Partners and AllianceBernstein.