Hasso Plattner Ventures sells its shares in Fyber (ex SponsorPay)
After four years of successful collaboration Hasso Plattner Ventures is giving up its position as investor of Fyber GmbH (ex SponsorPay).
The shares will be taken over by the existing coinvestors.
HPV had invested in the company for the first time in 2010. Fyber is a leading advertising technology company that empowers app developers to execute smart ad monetization strategies across all connected devices through a unified mobile supply side platform.
Currently the company which was founded in 2009 has 180 employees worldwide. Yaron Valler, Managing Partner of Hasso Plattner Ventures: “We thank founders and employees for the successful collaboration during the last years. We are sorry that we have to give up our role as investors for strategic reasons and wish Fyber all the best for its future.”