Chartboost raises additional $19 Million from Sequoia Capital
The additional funding is said to be used for: further product development (more so in the areas of in-app monetization and analytics).Chartboost was founded in 2011 by Maria Alegre (CEO) and Sean Fannan (CTO) both former Tapulous employees. Chartboost is not just another ad network, but a technology platform providing free ad-serving technology. Developers can use Chartboost’s SDK in their own apps to promote other apps for cross-promotion purposes. Chartboost gives developers the ability to have their apps displayed in a way that is outside the norm of simply searching for it via the keywords, and having it show up in the “list”. Users discover developers apps (primarily games) through the integrated ads shown in apps from Chartboost’s...
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