Journify raises $12M Series A amid 5x growth
Journify announced a $12M Series A round with participation from Al Mada Ventures as lead investor and Silicon Badia as co-lead. The funding represents significant growth for the company, reflecting a valuation increase of 4x from its previous round. Additional investors included returning backers Shorooq and Bunat Ventures alongside new investors Du Ventures and Oraseya Capital.
Key points
- Raised $12M Series A at 4x previous valuation
- Al Mada Ventures led round with Silicon Badia co-leading
- Company focuses on ad signal infrastructure
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