What is MOLOCO?
Founded in 2013 and headquartered in Redwood City, California, MOLOCO leverages advanced machine learning to build sophisticated mobile campaigns. The company's technology is designed to enhance the performance of mobile businesses across key areas including user acquisition, customer retention, and revenue monetization. MOLOCO's focus on data-driven optimization positions it as a key player in the competitive adtech landscape, enabling mobile companies to achieve greater efficiency and effectiveness in their marketing and operational strategies.
How much funding has MOLOCO raised?
MOLOCO has raised a total of $167.6M across 3 funding rounds:
Series A
$6.6M
Series B
$11M
Series C
$150M
Series A (2016): $6.6M, investors not publicly disclosed
Series B (2018): $11M led by Draper Athena, Smilegate Investment, KTB Network, Samsung Ventures, and Mirae Asset Global Investments
Series C (2021): $150M supported by Tiger Global Management
Key Investors in MOLOCO
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets, known for its significant investments in technology companies.
Draper Athena
Draper Athena is a venture capital firm that invests in leading technology startups and exceptional founders, with expertise in big data, mobile, and software.
Mirae Asset Global Investments
Mirae Asset Global Investments is an investment manager with a strong focus on emerging market equities, offering expertise across various global markets.
What's next for MOLOCO?
The substantial enterprise-level funding and recent strategic investment indicate MOLOCO is poised for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its machine learning capabilities, enhance its platform offerings, and potentially support strategic acquisitions or deeper market penetration. The company's continued focus on optimizing mobile campaign performance suggests a strategic direction aimed at solidifying its leadership in the adtech sector through innovation and scalable solutions.
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