Moat (company)
Moat is an American software company that was founded in 2010 in New York City. The company was acquired by Oracle Corporation in 2017 for $850 million.[1]
History[edit]
Moat was started in New York City with Michael Walrath (Chairman), Jonah Goodhart (CEO) and Noah Goodhart (Co-founder) who had previously founded Right Media. Aniq Rahman joined as President of Moat.[2]
In 2012, Moat raised a $12 million Series B led by Mayfield with participation from Founders Fund, Vast Ventures, First Round Capital, Ron Conway’s SV Angel, Lerer Ventures, and Founder Collective.[3]
Moat raised $50 million in Series C financing from Insight Partners in 2016 and announced that it had been profitable for the prior 2 years and that revenue had tripled from 2014 to 2015.[4]
References[edit]
- ↑ Wilhelm, Alex (2017-04-20). "Morning Report: The Context Of Moat's $850 Million Oracle Exit". Crunchbase News. Retrieved 2020-08-05.
- ↑ "Moat". moat.com. Retrieved 2020-08-05.
- ↑ "Clicks Be Gone: AdTech Disrupter Moat Raises $12M Series B From Mayfield, Others". TechCrunch. Retrieved 2020-08-05.
- ↑ Shields, Mike (2016-03-21). "Moat Raises $50 Million to Help Develop Digital Ad Currency". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-08-05.
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