Moloco Raises Funding at $1 Billion Valuation

29 Apr, 2021

Moloco Raises Funding at $1 Billion Valuation
Photo by Craig Cooper on Unsplash

– Moloco from Redwood City, CA received an undisclosed amount of funding at a valuation of USD $1b.
– The round was led by Shinhan GIB, an investment banking unit of South Korea’s Shinhan Financial Group.
– Other new and existing investors participated in the round as well.
– The company provides a complete suite of proprietary cloud advertising solutions that allow mobile businesses to use data to optimize the performance of their acquisition, retention, and monetization efforts.

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