TollBit Secures Partnerships with First AI Companies and Onboards Over 200 Publisher Sites
Oct 23, 2024•9 months ago
Contract Type
partnership
Description
TollBit, a NYC-based company, has raised $24m in Series A funding. In addition, it has secured partnerships with its first AI companies and onboarded over 200 publisher sites, including Penske Media Corporation, TIME, Mumsnet, Trusted Media Brands, CANDR Media Group, and ADWEEK. The platform empowers publishers and content owners to monitor AI bot traffic and put up a tollbooth to monetize usage, making it easy for publishers to onboard multiple AI and LLM partners in real-time.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months