Chartboost has announced that it has closed a $19 million Series B funding round. The round was led by Sequoia Capital with additional funding from previous investors TransLink Capital and SK Telecom Ventures.
Chartboost is designed to help games grow their audience by working directly with developers and facilitating cross-promotion. They'll use these funds to expand and hire new people and improve their app discovery that currently reaches more than 300 million monthly active devices with six billion monthly game sessions.
"In a historically opaque industry, Chartboost is laser-focused on empowering developers with transparency and control over their businesses," said Chartboost chief executive officer Maria Alegre. "We have big dreams for the future and we are thrilled to be partnering with Sequoia going forward."
