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TollBit Secures Partnerships with First AI Companies and Onboards Over 200 Publisher Sites

Oct 23, 20249 months ago

Contract Type

partnership

New YorkMarketplaceMachine LearningArtificial Intelligence

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.

Company Information

Company

TollBit

Location

New York, New York, United States

About

TollBit, formerly known as Novoscribe, Inc. TollBit helps digital publishers navigate content strategy in the age of the AI internet. With TollBit, publishers can monitor and block AI bot traffic, manage licensing deals and build custom GPTs on their own content to engage users.

Agreement Insights

Based on industry data
Strategic 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

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