Jeeng - PowerInbox

Company Overview

Snapshot

Founded in July 2007 by Aryeh Mergi, Matt Thazhmon, and Dileep Thazhmon, Jeeng - PowerInbox operates with 51–200 employees. The company has raised a total of $23.4 million across 5 funding rounds from 14 investors. In January 2023, the company was acquired by OpenWeb.

Business overview

Jeeng - PowerInbox provides an email engagement and monetization platform for digital publishers. The company leverages AI and data intelligence to offer proprietary solutions focused on driving audience engagement and revenue. Its core product, Jeeng, is a content personalization solution that uses first-party opt-in data to help publishers build loyal, engaged subscriber relationships. The platform aims to reduce reliance on search and social media walled gardens and move beyond cookies, enabling publishers to curate and deliver personalized content and ads across various channels. Jeeng - PowerInbox operates within the business software sector, specifically targeting the sales and marketing solutions, e-commerce tools, and advertising platforms categories.

Strategic signal

In January 2023, Jeeng - PowerInbox was acquired by OpenWeb, marking a significant exit for the company. This acquisition indicates a strategic consolidation within the ad-tech and audience engagement market, suggesting that OpenWeb aims to integrate Jeeng's email engagement and monetization capabilities to enhance its own offerings for publishers. For investors, this signals a successful realization of value for Jeeng - PowerInbox's technology and market position, while also highlighting the ongoing trend of platforms seeking comprehensive solutions for publisher monetization and audience management.

Company Intelligence Q&A

What was a significant recent corporate development for Jeeng - PowerInbox?

In January 2023, Jeeng - PowerInbox was acquired by OpenWeb. Following the acquisition, the company ceased to operate as an independent entity.

What was a notable acquisition made by PowerInbox?

In May 2020, PowerInbox acquired Jeeng, integrating personalized push notifications into its subscriber messaging platform for publishers.

Which investors participated in the March 2016 funding round?

In March 2016, Jeeng - PowerInbox received funding from Genesis Partners and Battery Ventures.

What was a key product development for PowerInbox in 2016?

In November 2016, PowerInbox launched a new ad server for email, empowering publishers to further monetize their email newsletters.