What is MOLOCO?
Founded in 2013 and based in Redwood City, California, MOLOCO is an adtech company leveraging advanced machine learning to enhance mobile campaigns. The company specializes in optimizing acquisition, retention, and monetization efforts for mobile businesses. MOLOCO's proprietary technology enables clients to achieve superior performance in their mobile advertising strategies, positioning it as a key player in the competitive digital advertising landscape. Its focus on data-driven optimization and AI-powered solutions addresses the evolving needs of the mobile ecosystem.
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, Mirae Asset Global Investments, KTB Network, Samsung Ventures, and Smilegate Investment
Series C (2021): $150M supported by Tiger Global Management
Key Investors in MOLOCO
Draper Athena
Draper Athena is a venture capital firm specializing in leading technology startups and exceptional founders. Their investment focus spans big data, mobile, energy tech, software, semiconductors, robotics, and consumer internet, offering extensive technical, financial, and operational support.
Mirae Asset Global Investments
Mirae Asset Global Investments, established in 1997, is an investment manager with a strong focus on emerging market equities. Headquartered in Seoul, South Korea, the firm has a global presence with offices in numerous countries, providing expertise in international investment strategies.
KTB Network
WOORI Venture Partners, formerly KTB Network, is an investment firm dedicated to providing capital and support for the sustainable growth of its portfolio companies. They have a track record of investing across numerous businesses, emphasizing long-term performance and active value creation.
What's next for MOLOCO?
With a substantial total funding of $167.6M and a recent major strategic investment of $150M, MOLOCO is well-positioned for its next phase of growth. This significant capital infusion is expected to fuel further development of its machine learning capabilities, expansion into new markets, and enhancement of its platform offerings. The company's strategic backing indicates a strong market validation and provides the resources necessary to solidify its leadership in the adtech industry and drive innovation in mobile campaign optimization.
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