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April 2, 2011 03:00 am GMT

Mobile Ad Network JumpTap Raises $20 Million

Mobile ad network JumpTap has raised $20 million in new funding, according to a recent SEC filing, out of a $27 million round. This would bring the company's funding to nearly $90 million. We've contacted the company for confirmation. JumpTap is one of the largest remaining independent mobile advertising networks, in addition to Millennial Media, Greystripe, InMobi and others. Jumptap's data-driven technology promises highly targeted advertising and the company partners with digital and media agencies, publishers, wireless carriers and brand advertisers to serve an array of mobile advertising solutions.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W2tDKsJ9GJg/

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