JumpTap
Founded Year
2004Stage
Acquired | AcquiredTotal Raised
$121.5MValuation
$0000Revenue
$0000About JumpTap
JumpTap offers targeted mobile advertising. Through its large network of premium publishers and apps, and constant campaign optimization, Jumptap delivers ROI for advertisers and highest yield for publishers and developers. Jumptap has pioneered mobile advertising privacy standards and is committed to unlocking mobile opportunities for all parties through its ongoing industry research. In August 2013, Jumptap was acquired by Millennial Media for $209 million (based on valuation of Millennial Media stock at the time of acquisition). The transaction was a predominantly stock transaction with Jumptap shareholders to receive 24.6 million shares in publicly traded Millennial, giving them ownership of about 22.5 percent of the company.
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Expert Collections containing JumpTap
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
JumpTap is included in 1 Expert Collection, including Ad Tech.
Ad Tech
3,700 items
JumpTap Patents
JumpTap has filed 95 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/30/2012 | 2/18/2020 | Social networking services, Wireless networking, Mechanical power control, Videotelephony, Mobile computers | Grant |
Application Date | 11/30/2012 |
|---|---|
Grant Date | 2/18/2020 |
Title | |
Related Topics | Social networking services, Wireless networking, Mechanical power control, Videotelephony, Mobile computers |
Status | Grant |
Latest JumpTap News
Apr 5, 2018
The August edition of the Business Review USA is now live! Millennial Media announced on Tuesday that it reached an agreement to acquire privately-held Jumptap, a merger that marries to... <p><strong>Jumptap Acquired By Millennial Media For $200M + Millennial Stock </strong></p> <p> The August edition of the Business Review USA is now live! Millennial Media announced on Tuesday that it reached an agreement to acquire privately-held Jumptap, a merger that marries to...</p> <p><a href="https://www.businesschief.com/finance/4149/Jumptap-Acquired-By-Millennial-Media-For-200M-Millennial-Stock">https://www.businesschief.com/finance/4149/Jumptap-Acquired-By-Millennial-Media-For-200M-Millennial-Stock</a></p> Cancel - Finance - Aug 14, 2013 Millennial Media announced on Tuesday that it reached an agreement to acquire privately-held Jumptap, a merger that marries to well-known mobile ad companies. The agreement, according to the acquisition press release, is a predominantly stock transaction. Jumptap shareholders will receive 24.6 million shares in publicly traded Millennial, giving them 22.5 percent ownership of the company. “Millennial Media already runs one of the largest third-party digital media businesses, despite mobile being in its early stages,” said Millennial President and CEO Paul Palmieri in the release. “Jumptap’s expertise in performance, cross-screen, real-time bidding and third-party data fit well with, and provide incremental scale to Millennial Media’s existing platform.” Read related content: Jumptap was founded in 2004 after raising $122 million in funding from investors. According to the slide deck published by Millennial, Millennial saw $177.7 million in adjusted revenue in 2012, while Jumptap saw $63.6 million. Their respective net losses for 2012 were $5.4 million and $13.0 million. The presentation notes that the combination of the companies will result in revenue between $340 million and $350 million. Mobile ad spend has jumped exponentially in the past year and the acquisition of two major players in the industry corners the market and promises customers a better combined product according to analysts. George Bell, CEO of Jumptap is joining the Millennial Media board of directors as Vice Chairman. Millennial also noted that the combined stock and cash components of the transaction value Jamptap at $232 million. Tags:
JumpTap Frequently Asked Questions (FAQ)
When was JumpTap founded?
JumpTap was founded in 2004.
Where is JumpTap's headquarters?
JumpTap's headquarters is located at 155 Seaport Blvd, Boston.
What is JumpTap's latest funding round?
JumpTap's latest funding round is Acquired.
How much did JumpTap raise?
JumpTap raised a total of $121.5M.
Who are the investors of JumpTap?
Investors of JumpTap include Millennial Media, Summerhill Venture Partners, General Catalyst, Redpoint Ventures, Valhalla Partners and 6 more.
Who are JumpTap's competitors?
Competitors of JumpTap include Just Dial, NinthDecimal, 4INFO, Yext, Yodle and 8 more.
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