Mobile measurement and fraud prevention company, Adjust, has raised $227 million in a new round of funding. Led by investors Eurazeo Growth, Highland Europe, Morgan Stanley Alternative Investment Partners and Sofina marking one of Europe’s largest capital raises in 2019. The financing round brings Adjust’s total funding to $250 million.
Adjust will use the funding to expand its SaaS product suite which currently includes analytics, accurate measurement, fraud prevention and cyber security solutions for over 25,000 mobile apps worldwide. The company will also increase its presence in new and existing regions.
Adjust works with leading global brands, including NBCUniversal, Zynga, Robinhood, Pinterest, Procter & Gamble, Runtastic, Rocket Internet, Canon, HotelTonight, BlaBlaCar, Viber, FNAC, Deezer, Tencent Games, Nexon, Takeaway.com, HelloFresh, Yandex, Manchester United and Universal Music Group.
This latest round of funding will be instrumental as we continue to unify brands’ marketing efforts, making marketing simpler, smarter and more secure. The investments we make in our product will further empower our clients to move the needle in their markets, as we become mobile’s definitive growth engine. Alongside our existing investor Highland Europe, we’re pleased to welcome Eurazeo Growth, Morgan Stanley Alternative Investment Partners and Sofina on board who share our goal and will play a fundamental part in accelerating our growth strategy.
Christian Henschel, Co-founder and CEO, Adjust