MOLOCO Raises $150 Million in Series C

by Kay Aloha Villamor in August 19th, 2021

MOLOCO, an ad-tech startup that uses machine learning to build mobile campaigns, announced it has raised $150 million in new Series C funding led by Tiger Global Management, taking its valuation to $1.5 billion. 

The new funding will be used to expand MOLOCO’s machine learning engine to more use cases by focusing on research and development, product, and engineering.

Company: Moloco Inc.

Raised: $150.0M

Round: Series C

Funding Month: August 2021

Lead Investors: Tiger Global Management

Additional Investors:

Company Website: https://www.molocoads.com/en/

Software Category: programmatic advertising platform 

About the Company: MOLOCO was founded in 2013 with a vision: empowering mobile businesses to thrive by turning data into ad performance. We’re a tech-driven company with top talent from Google, Amazon, and Twitter, which has enabled us to create an industry-leading programmatic advertising platform powered by the best in machine learning.

Source: https://techcrunch.com/2021/08/17/moloco-raises-150m-series-c-led-by-tiger-global-at-a-1-5b-valuation/










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