Jumptap Taps Funding Market

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.