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October 21, 2017 02:00 am

Vungle CEO Arrested For Child Rape and Attempted Murder

Freshly Exhumed writes: Axios is working to get details about a revelation on a government website that Vungle CEO Zain Jaffer is facing charges at the Maple Street Correctional Center in Redwood City, California of attempted murder, a lewd act on a child, oral copulation of a person under 14, child abuse, assault with a deadly weapon and battery upon an officer and emergency personnel. Vungle is self-described on its website as "the leading in-app video advertising platform for performance marketers," and was founded by Jaffer in 2011. Vungle has since issued a statement: "While we do not have any information that is not in the public record at this point, these are extremely serious allegations, and we are shocked beyond words. While these are only preliminary charges, they are obviously so serious that it led to the immediate removal of Mr. Jaffer from any operational responsibility at the company. The company stressed that this matter has nothing to do with Mr. Jaffer's former role at the company." Axios notes that "the San Francisco-based company has raised over $25 million in VC funding from firms like Google Ventures, Thomvest Ventures, Crosslink Capital, SoftTech VC and 500 Startups."

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