Digital Ad Company Criteo Raises $38.6 Million From Yahoo! Japan, SoftBank, Others
Criteo is a French digital display advertising company that has raised $30 million Euros (around $38.6 million) in a new round of funding from a group of investors including SoftBank Capital, Yahoo! Japan, SAP Ventures, Adams Street Partners, and Bessemer Venture Partners.
This round of funding values Criteo at around $800 million. Criteo has raised around $63 million in funding thus far. Earlier investors include IDInvest Partners, Elaia Partners, and Index Ventures.
Criteo launched in Paris, France in 2005 and has 15 offices across the United States, Europe, and Asia. They employ around 700 people and have been profitable since 2009. Criteo serves over 3,000 advertisers across the world.