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Buzzvil to Provide Its Rewarded Ad Solution BuzzAd to U.S. Based Reward Mobile App �AppKarma�

SEOUL, South Korea--(BUSINESS WIRE)--#AdPlatform--Buzzvil, a global leader of rewarded ads platform, announced that it will provide its rewarded ad solution BuzzAd to U.S.-based reward mobile app �AppKarma.�

AppKarma is a highly popular mobile app that rewards users for engaging with ads. By integrating with BuzzAd�s native ad unit, the app will be able to gain extra ad revenue.

John Lee, CEO of Buzzvil, the Softbank-backed company, said, �We are excited to provide our global publishers with a simple way to monetize their mobile apps.�

�Buzzvil will continue to solidify its position as the world's largest rewarded ad platform centering on its three overseas branches and corporations in the U.S., Taiwan and Japan,� he added.

Meanwhile, Buzzvil recently raised 20.5 billion Korean won (17 million USD) in series C from Mega-7 Club for its compelling reward-based ad tech that maximizes ad revenue for publishers. The Mega-7 Club, dubbed as South Korea�s version of Softbank Vision Fund, consists of returning investors LB Investments, Company K Partners and new investors SBI Investments, Korea Development Bank and Shinhan Bank.

The deal follows the fast-growing company�s series B in 2015 from LB Investments and Company K Partners, alongside other investors, and series A from Softbank Ventures Asia in 2014.

Contacts

Buzzvil

Euna Lee +82-70-4632-0802

[email protected]

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