Branch Valued at $4 Billion With $300 Million Round

<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p><strong><span class&equals;"xn-location">PALO ALTO <&sol;span><&sol;strong>&&num;8212&semi; <u>Branch<&sol;u>&comma; a cross-platform solution for mobile linking and attribution&comma; has raised <span class&equals;"xn-money">&dollar;300 million<&sol;span> in new funding giving the company a <span class&equals;"xn-money">&dollar;4 billion<&sol;span> valuation&comma; led by existing investor NEA&period;<&sol;p>&NewLine;<p>Branch&comma; which has over 500 employees and 16 offices around the globe&comma; has been used by more than 100&comma;000 mobile brands since its founding in 2014&comma; directly reaching more than 3 billion monthly users around the world&period; Customers include  Adobe&comma; BuzzFeed&comma; Yelp and more&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We spend more than a third of our waking hours on our phones&comma; with over 90&percnt; of that time spent in apps&comma;&&num;8221&semi; said <span class&equals;"xn-person">Alex Austin<&sol;span>&comma; CEO of Branch&period; &&num;8220&semi;Despite this&comma; many apps are struggling to survive as they contend with changes in the mobile ecosystem&comma; from privacy changes like ATT to the explosion of new device types&period; Branch is committed to helping companies overcome these new ecosystem challenges by expanding our product offerings to reflect this new normal&comma; while still maintaining our commitment to user privacy&period;&&num;8221&semi;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>Branch is using its new financing to double down on product investments&comma; including&colon;<&sol;p>&NewLine;<ul>&NewLine;<li>Expanding its mobile linking platform &lpar;MLP&rpar; to help brands unlock new ways to grow through owned and organic channels&comma; as well as better integrate mobile as cross-device and offline-to-online crossover experiences become the norm<&sol;li>&NewLine;<li>Growing its mobile measurement partner &lpar;MMP&rpar; solutions for paid media&comma; providing customers with privacy-first measurement that navigates mobile advertising in a post-IDFA world<&sol;li>&NewLine;<li>Accelerating its research into new solutions to improve app discovery and move the mobile ecosystem forward<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&&num;8220&semi;Since the day I met Alex&comma; Mike&comma; Mada and Dmitri during the seed investment&comma; I knew this company would be something special&comma;&&num;8221&semi; said <span class&equals;"xn-person">Scott Sandell<&sol;span>&comma; Managing General Partner at NEA&period; &&num;8220&semi;They laid out a huge vision to transform the mobile ecosystem&comma; and it&&num;8217&semi;s been exhilarating to watch it all come true&period; This is a generational company in the making&period;&&num;8221&semi;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;

Editor

Apple TV Wins Rights for Movie Liminal

Apple Original Films has landed rights to the movie “Liminal,” a new sci-fi thriller starring…

1 day

EPIC Microsystems Lands Oversubscribed $21 Million Series A

SAN JOSE -- EPIC Microsystems, a semiconductor company developing breakthrough power delivery solutions for AI infrastructure,…

1 day

Shepherd Rounds Up $32 Million Series B

SAN FRANCISCO -- Shepherd, an AI-native commercial insurance platform, has scored a $42 million Series B…

1 day

Deccan AI Reels in $25 Million to Build Super-Accurate AI

MOUNTAIN VIEW -- Deccan AI is focusing on AI with super accuracy, and has just…

1 day

Zoox Expanding SF Service Area

Zoox, an autonomous ride-hailing service owned by Amazon, is expanding service points in San Francisco…

3 days

Netflix to Air Yankees-Giants Opener

The Major League Baseball season kicks off Wednesday night at 5 p.m. locally with the…

6 days