GumGum Raises $75 Million From Goldman Sachs

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

A new investment from Goldman Sachs Growth values GumGum, which provides contextual advertising tech versus audience-based ad-targeting, at nearly $700 million

Founded in 2008, GumGum said it counts more than 100 brands and 1,200 publishers globally as clients. The Santa-Monica-based company will use its new funds to expand its business internationally, including by acquiring other tech firms with complementary tools and services, Mr. Schraeder said.

As part of the investment, Holger Staude, managing director of Goldman Sachs Growth, will join GumGum’s board of directors. Existing investors include Upfront Ventures, NewView Capital and Morgan Stanley Expansion Capital.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is it possible to find a good guy on Twitter?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Black-Owned Tech Company Yappa Raises $3.5 Million To Combat Online HarassmentYappa’s audio and video commenting technology is making online commenting more transparent for clients including PerezHilton.com, On Air with Ryan Seacrest and The Hill. Awesome..
Source: ForbesWomen - 🏆 477. / 51 Read more »

Exclusive: Black-Owned Tech Company Yappa Raises $3.5 Million To Combat Online HarassmentYappa’s audio and video commenting technology is making online commenting more transparent for clients including PerezHilton.com, On Air with Ryan Seacrest and The Hill.
Source: Forbes - 🏆 394. / 53 Read more »

Exclusive: Black-Owned Tech Company Yappa Raises $3.5 Million To Combat Online HarassmentYappa’s audio and video commenting technology is making online commenting more transparent for clients including PerezHilton.com, On Air with Ryan Seacrest and The Hill.
Source: Women 2.0 - 🏆 149. / 63 Read more »

Antibody Startup Adagio Raises $336 Million To Develop A Variant-Proof Treatment For Covid-19The new company says it has a monoclonal antibody that is effective against all currently known variants of the coronavirus.
Source: Forbes - 🏆 394. / 53 Read more »