What is Buzzvil?
Buzzvil operates as the largest lockscreen media platform globally, delivering a diverse range of advertisements and content directly to users' mobile first screens. Leveraging its proprietary SDK, the company's B2B offerings, BuzzScreen and Tamaru Screen, empower partners to generate additional revenue and enhance user engagement through white-label lockscreen applications. Buzzvil's mission is to facilitate effective and natural mobile advertising by connecting advertisers and publishers with smartphone users at their initial point of interaction. The company has established a significant international presence, operating in over 30 countries and collaborating with numerous partners across various industries to refine the mobile advertising landscape.
How much funding has Buzzvil raised?
Buzzvil has raised a total of $31.2M across 3 funding rounds:
Series A
$3M
Series B
$11.2M
Series C
$17M
Series A (2014): $3M with participation from Softbank Ventures Asia
Series B (2015): $11.2M led by LB investment, POSCO Ventures, and KTB Network
Series C (2020): $17M supported by Mega-7 Club
Key Investors in Buzzvil
Mega-7 Club
Mega-7 Club is an undisclosed investor that participated in Buzzvil's Series C funding round, contributing to the company's significant capital infusion.
POSCO Ventures
POSCO Ventures is a South Korean investment firm, likely focusing on technology and growth-stage companies, that provided backing for Buzzvil's Series B financing.
KTB Network
KTB Network is an investment firm that has supported Buzzvil's growth through its Series B funding round, indicating a focus on promising technology ventures.
What's next for Buzzvil?
The recent major strategic investment signifies Buzzvil's transition into a more mature growth phase, likely focusing on scaling its operations, expanding its global reach, and further developing its SDK technology. This enterprise-level funding will enable Buzzvil to solidify its market leadership, explore new monetization strategies, and potentially pursue strategic acquisitions or partnerships to enhance its platform capabilities. The company's continued expansion into new markets and its commitment to innovative advertising solutions suggest a trajectory aimed at sustained revenue growth and increased market share in the competitive digital advertising space.
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