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Chartboost focuses on in-app monetization and programmatic advertising for mobile apps. Its platform and SDK help app developers generate advertising revenue by integrating ads into their apps, while giving advertisers access to highly engaged mobile audiences. The technology works by the developer embedding Chartboost's SDK into their app, which connects to Chartboost’s demand sources to serve relevant ads in real time and optimize revenue through mediation and programmatic bidding. Chartboost differentiates itself as an independent, widely integrated mobile ad SDK with partnerships and recognition from analytics and attribution platforms, and it has scale across over 200,000 apps and 700 million monthly users. It is owned by Zynga, which indicates a focus on large-scale, cross-platform monetization. The company’s goal is to help developers monetize effectively without sacrificing user experience while providing advertisers efficient access to valuable, engaged users.
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Acquired
Total Funding
$271M
Headquarters
San Francisco, California
Founded
2011
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Total Funding
$271M
Above
Industry Average
Funded Over
3 Rounds
Together, the collaboration integrates Chartboost's direct publisher connections with LoopMe's marketplace scale, unlocking new opportunities for brand advertisers and introducing innovative ad formats for publishers.
LoopMe, an AI-driven brand advertising tech company, has acquired Chartboost from Zynga, a subsidiary of Take-Two Interactive. This acquisition follows LoopMe's 40% CAGR in gross revenue from FY2018-2023. Chartboost, a mobile programmatic advertising platform, enhances LoopMe's mobile app ecosystem, SDK network, and AI platform. The deal, with undisclosed financial terms, aims to improve ad performance and app monetization, benefiting both LoopMe's brand clients and Chartboost's publishers.
Zynga is buying in-app growth and mobile monetization platform Chartboost for $250 million. It’s an excellent exit for a company that’s only raised $21 million since its $2 million Series A in 2011. The deal, expected to close in the third quarter, was announced on Wednesday on Zynga’s Q1 earnings call, during which the company... Continue reading »
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Acquired
Total Funding
$271M
Headquarters
San Francisco, California
Founded
2011
Find jobs on Simplify and start your career today