HCPE et al. invest $7m in Jampp
Highland Capital Partners Europe (HCPE) has led a $7m series-A round for Jampp, the London-based developer of a mobile app user-acquisition platform.
HCPE was joined in the round by Endeavor Catalyst, Innova and NXTP Labs.
Jampp will use the fresh funding to invest in its research and development activities, as well as expanding operations in its key markets.
Last year, the company's workforce increased from eight to 40, while its revenues increased five-fold. Jampp also opened three new offices in San Francisco, São Paulo and Cape Town.
Company
Founded in 2013, Jampp is headquartered in London and Buenos Aires with additional offices in San Francisco, São Paulo and Cape Town.
The company has developed a platform designed to allow mobile advertisers to acquire and ‘re-engage' app users. It does so by tracking and analysing user data and allocating budget in real time for in-app mobile media.
The company employs 40 staff.
People
Diego Meller is the founder of Jampp. Irena Goldenberg is a partner at HCPE.
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