January 10th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »
Mobile & Web app promotion company TapJoy has secured an investment of $21 million in an investment round led by Rho Ventures. The investment is a surprise given the scandal the company was involved in.
The company was originally known as OfferPal but bought TapJoy last March to change it’s name. The funds will be used by the company to improve it’s mobile app services. Clients include Digital Chocolate, Glu and Tapulous.