Tapjoy Raises $21 Million Led By Rho Ventures

Posted Jan 12, 2011

Tapjoy, the company formerly known as Offerpal, has raised $21 million in funding from Rho Ventures. Tapjoy is recouping from bad PR after TechCrunch exposed them for misleading users to fill out online offers in exchange for virtual currency. Tapjoy recently announced a new product to help developers distribute applications across multiple platforms. Tapulous, Glu, and Playdom are a few of Tapjoy’s 5,000 develop partners. Tapjoy now has a total of $40 million in funding. [paidContent]