Conduit Receives $100M Investment from J.P. Morgan Asset Management
Summary
Conduit, an Israeli provider of engagement solutions for web and mobile publishers, has received a $100m investment from a fund advised by J.P. Morgan Asset Management. Founders CEO Ronen Shilo, Dror Erez and Gaby Bilzyk will maintain a controlling stake in the company. Founded in 2005, Conduit offers solutions that allow web and mobile publishers to engage their users across multiple platforms. Products include community toolbars, mobile apps, notifications and web bars. Users include Major League Baseball, Groupon, Fox News, Travelocity, and The Weather Channel, among the others.
Funding
Amount
$100.0M
Total raised
Date
April 12, 2012
Announcement date
Investors
-
Lead investors
Company
http://www.como.com
Funded company
Classifications
industries
Fintech & Banking
applications
Sales and Marketing
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