image thumb144 Offerpal Media raises $15 million in Series B

Offerpal Media after providing monetization platform for social apps has itself grabbed in $15 million in Series B. The round was led by D.E. Shaw Ventures  with returning backers, InterWest Partners and North Bridge Venture Partners joining in. Anu Shukla, founder and CEO of Offerpal Media stated in a release:

We provide a simple yet incredibly successful way to generate meaningful revenues for social publishers, while allowing advertisers to reach more than 50 million active and engaged social networking consumers. This capital will help us move forward in key areas of our business and further accelerate our leadership position.