Berlin Mobile Ad Outfit Glispa Raises $77M

What does Glispa do?

Glispa,  is a mobile advertising pioneer  which empowers the clients with its high performance, activating global audiences, helping them reach growth objectives and move the markets.

This startup provides a complete solutions for acquisition and monetization for global advertisers such as OLX, Nexon, Gumi and Flipkart. Glispa reaches billions of mobile and web users with its multichannel offerings providing quality engagement, increasing the lifetime value of the customers and impacting the bottom line.

How much Glispa was funded?

Glispa, the Berlin based startup, which focuses on digital marketing and mobile ads was funded $77 M in Series A funding on March 16^th, 2015 by Market Tech Holdings, a UK based business which focuses on property and ecommerce investments.

What is next for Glispa?

Berlin based mobile advertising pioneering is to continue its global rapid expansion and increase its ability to offer optimized ads for the games and app developers on mobiles and over the web. The startup is targeting mobile commerce.

The startup plans and launches marketing campaigns on mobiles and enables the app publishers to reach different users across the globe via ads that are based on performance. With the latest investment, Glispa will continue to focus on opening additional offices and expanding its footprint all over the globe, using its proprietary advertising and optimization technology, attracting top talent, engineers and staff who are client focused.

More about Glispa

Glispa was founded in 2008 by Gary Lin in Berlin. It has expanded its offices to San Francisco, Sao Paolo, Beijing and Bangalore. It launched  with clients like OLX and in 2009 it added Mail Ru of Russail and added India in 2011 and China in 2012. It is adding 6 M new customers monthly and has 210 M monthly active users.

It has 120 employees currently.