apploop Raises €1M

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apploop, a Berlin, Germany-based mobile user acquisition platform, raised €1m in funding.Incubated by HitFox Group, apploop was launched in January 2014 by CEO Stefan Benndorf and Hugo Gersanois to provide a mobile user acquisition platform focusing on lifetime value optimization and serves all non-gaming verticals.Three months after its launch, the company is generating mid 6 figure monthly revenues with campaigns in 50 different countries for 30 advertisers from verticals such as social, e-commerce, media, utilities, travel, and classifieds.FinSMEs 03/04/2014

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