Wednesday, November 30, 2022
HomeBusinessBluecore Secures $125 Million in Series E Funding at $1 Billion Valuation...

Bluecore Secures $125 Million in Series E Funding at $1 Billion Valuation 2022

bluecore 125m georgian 1bmillertechcrunch: Bluecore builds and operates the infrastructure to power mobile applications with trusted, anonymous data from billions of sources. To date, Bluecore has raised $125 million in venture capital and the company’s Series E financing round has stellar investors including Andreessen Horowitz, Draper Fisher Jurvetson, Index Ventures and New Enterprise Associates.

Bluecore will use this latest round of funding to continue building out its team and product offerings as they bridge the gap between data collection and delivery for mobile apps.

This Series E financing round is the largest Series E raise to date, by a significant margin. It was also the fastest Series E raise of the year, which took only 8 weeks to complete. “The fact that we were able to top last year’s $110 million Series D raise in less than half the time again demonstrates how much excitement there is around what we’ve built at Bluecore and what’s still to come,” said CEO, Ian Swanson.

Bluecore provides a one-stop shop for data collection and delivery of anonymous datasets. Bluecore has been used by brands including BMW, Nintendo and Zynga. The company’s platform is currently powering over 1 billion daily mobile ad requests on behalf of its customers.

“We are incredibly excited to be part of this financing at what is still a very early stage in the company’s history,” said Matt Murphy, partner at NEA. “Bluecore has already achieved impressive scale and impact, and we look forward to supporting their growth.”

“Bluecore’s explosive growth is a testament to the power of their mobile analytics platform,” said Jeff Jordan, partner at Andreessen Horowitz. “This latest round of funding will provide us with additional resources that we can utilize to continue innovating on behalf of our customers. We are thrilled to partner with Bluecore in what is bound to be another exciting year ahead.”

Bluecore was founded in 2011 by CEO, Ian Swanson and CTO, Alex Studer. The company is headquartered in San Francisco with offices in London and Barcelona. To date, Bluecore has raised $125 million from investors including Andreessen Horowitz, Draper Fisher Jurvetson, Index Ventures and New Enterprise Associates.

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