TollBit raised $24M in a Series A funding round led by Lightspeed to enhance a payment platform for AI companies accessing content in real time.
TollBit raised $24M in a Series A funding round led by Lightspeed to enhance a payment platform for AI companies accessing content in real time.
10/22/24, 5:08 PM
Location
new yorkMoney raised
$24 million
Industry
marketplace
machine learning
artificial intelligence
Round Type
series a
Investors
Manuel Bronstein, Jeff Dean, Section 32, Lightspeed
TollBit has successfully closed a $24M Series A funding round led by Lightspeed. This funding will help advance their two-sided marketplace catering to both AI companies and publishers, ensuring seamless content access and monetization.
Company Info
Location
new york, new york, united states
Additional Info
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.