Offerpal Raises $15 Million Series B to Grow Offer Platform

Offerpal Media, one of the leading “managed offer” monetization platforms for social app developers, has just announced the close of a $15 million Series B financing lead by D. E. Shaw Ventures. Existing investors InterWest Partners and North Bridge Venture Partners participated in the round.

Offerpal has gained notoriety amongst social app developers for the very high eCPMs it is able to generate in many apps, sometimes in the $100’s of dollars.

The company said it will use the growth financing to expand its managed offer platform in 3 primary ways:

  • Extending the offering on to new platforms, like mobile (it recently
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