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Jeeng Secures $5M In New Financing, Expands Technology Team To Help Digital Publishers Master Audience Engagement

Apr 21, 2021•about 4 years ago

Amount Raised

$5 Million

Description

Jeeng, the trusted audience engagement and monetization partner for publishers, today announced the company has secured $5 million in new financing from Mizrahi-Tefahot, Israel's third-largest bank. The new line of credit provides working capital to fuel expansion of the company's exclusive Jeengage AI platform that helps publishers curate and deliver the personalized experiences subscribers expect from today's digital platforms.

Company Information

Company

Jeeng

About

Jeeng, formerly PowerInbox, provides personalized, automated and multichannel messaging solutions allowing publishers to drive new revenue with personalized audience engagement. With Jeeng, publishers can better own and optimize their audiences – focusing on automated, cross-channel messaging tailored to audience interest, easily managed and supported by a dynamic messaging platform. Venture backed, Jeeng supports 150 million unique users a month from over 650 leading publishers including VICE Media, The Atlantic, Bonnier, Salem Web Network, Crain's, HarperCollins and Vox Media. For more information about Jeeng, visit www.jeeng.com.