TriplePoint Newsroom

Official press releases from TriplePoint clients

DoubleDutch Announces $19 Million in Series D Financing

doubledutch-logo-darkNew Funding led by Mithril Capital to Further Develop Industry-leading Mobile Event Apps and Expand Global Reach

SAN FRANCISCO, Calif. – Aug. 21, 2014 - Mobile event app leader DoubleDutch today announced the close of $19 million in Series D funding led by Mithril Capital Management. Previous investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated, along with Singapore-based Enspire Capital. Ajay Royan, co-founder and managing general partner of Mithril, joins the DoubleDutch board. Continue reading

Kiwi Closes $15 Million in Series B Financing

kiwi-logo-650Northgate Capital Leads Investment Round with Participation from DFJ and Returning Investor Sequoia Capital in Leading Mobile Developer

PALO ALTO, Calif. – Aug. 6, 2014 – Mobile game developer Kiwi, Inc. today announced that it has closed $15 million in Series B financing, led by Northgate Capital with participation from DFJ and returning investor Sequoia Capital. The Series B brings the total amount raised by Kiwi to $21 million. Kiwi has emerged as a top developer on Google Play, and the company will use the funding to invest in its next generation of cross-platform, AAA mobile titles while continuing to improve distribution and monetization practices that affect the entire mobile ecosystem. Continue reading

Wholesale Shopping App Boxed Announces $6.5M Series A

Boxed logo

Mobile Commerce Startup Raises Funds to Drive Continued Growth, Expand National Infrastructure

NEW YORK – May 13, 2014 – Boxed, a mobile commerce company that provides the discounts of warehouse club shopping with fast, affordable delivery, has raised $6.5 million in Series A funding. Built by mobile industry veterans, Boxed is the first company to make ordering big box products simple, affordable, and hassle-free from a phone or tablet. Return investor Greycroft Partners and new investors First Round Capital and Signia Venture Partners led the round, with participation from ENIAC Ventures, Social Starts, BoxGroup, Owen Van Natta (former Facebook COO), and David Ko (Former Zynga COO).

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Wholesale Shopping App Boxed Announces Funding Extension from Greycroft Partners

Boxed logo

Mobile-based Warehouse Club Provides Free,

Fast Delivery with No Membership Fees

NEW YORK – Jan. 15, 2014 – Boxed, a mobile commerce company providing free, overnight shipping for warehouse club goods, announced today that it has added additional funding to its seed round, led by Greycroft Partners.

Greycroft joins previous investors Bessemer Venture Partners, ENIAC Ventures and Social Starts; the new raise brings the total funding to $1.5M.

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Chukong Technologies Raises $50M Series D Round

Chukong Logo

International Mobile Entertainment Company Expanding Offering for New and Established Developers

BEIJING – Oct. 18, 2013 – Leading international mobile entertainment company Chukong Technologies today announced it has secured $50 million in Series D funding led by New Horizon Capital, a leading China-focused private equity fund, with participation from existing investors GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light. Continue reading

DoubleDutch Raises $10M Series C from Bessemer Venture Partners, FLOODGATE and More

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Mobile Event Technology Company Doubles Down on Data 

SAN FRANCISCO – Sept. 26, 2013 – DoubleDutch, the leading provider of data-driven mobile event applications, today announced it has raised $10 million in Series C funding led by Bessemer Venture Partners with participation from existing investors FLOODGATE Fund, Bullpen Capital and others. The company has raised a total of $18.5 million in funding to date. With 40 percent quarter-over-quarter growth and nearly 500,000 event participants using their product, DoubleDutch has established itself as the fastest growing event app company in the category. DoubleDutch plans to use the investment to accelerate its international expansion, grow its new line of data-driven products for exhibitors and organizers, and transition the business fully to a Software-as-a-Service (SaaS) model. Continue reading

AppGratis™ Raises $13.5M in Series A Funding from Iris Capital and the Orange Publicis Fund

 

AppGratis™ Secures 1 Million New Users since U.S. Launch with Tailored App Discovery Recommendations 

PARIS – Jan. 17, 2012 - AppGratis today announced a $13.5M Series A funding round led by Iris Capital, a leading pan-European venture capital investor specialized in digital economy, with participation from the Orange Publicis Fund. AppGratis makes it easier for consumers to discover quality apps in a crowded App Store, and has seen early success by working closely with mobile app developers to offer an undiscovered paid app for free every 24 hours. The company currently averages over $1M in monthly revenue and will use the funding to further establish their stronghold as the worldwide leader in app discovery. A true global brand with 7 million users in over 30 countries and employees from twelve nations, AppGratis will be investing in top talent, expanding research and development efforts, and refining their technology as they continue to expand internationally.

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Chartboost Partners with Sequoia in $19 Million Series B

Chartboost now reaches 300 million monthly active devices powering six billion game sessions per month

SAN FRANCISCO – Jan. 8, 2013 - Chartboost today announced a partnership with Sequoia Capital to accelerate its growth and further develop the business engine for mobile game developers so they can focus on building kickass games. The $19M round was led by Sequoia and included participation from existing investors TransLink Capital and SK Telecom Ventures. Chartboost allows game developers to reach new users through cross-promotion, make money from their games, and collaborate directly with fellow developers through the Direct Deals Marketplace.

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