Tapjoy was formerly known as Offerpal until last year and set up a $5m corporate venturing fund just before raising a $30m round.

Tapjoy, a US-based applications developer for mobile phone operating system Android that last month set up a $5m corporate venturing fund, has gained $30m in its series D round.

The syndicate included venture capital firms Rho Ventures, North Bridge Venture Partners, InterWest Partners and hedge fund DE Shaw, all of which had provided $21m in January.

Local bank JP Morgan’s $1.9trillion asset management division, which manages a $1.5bn corporate venturing fund called Digital Growth, advised the syndicate investing in Tapjoy’s…

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