Already backed by Samsung Ventures and LG Technology Ventures, machine learning adtech company Moloco raised another $150m.

Moloco, a US-based adtech developer backed by electronics manufacturers Samsung and LG, has raised $150m in a series C led by investment firm Tiger Global Management.

The round values Moloco at $1.5bn.

Founded in 2013, Moloco uses machine learning technology to develop mobile ad campaigns for businesses. Its Moloco Cloud demand side platform allows marketers to buy ads across mobile app networks, while its upcoming retail media platform will enable  e-commerce companies to put out sponsored ads using first-party data…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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