Kevel Raises $52 Million Series D to Expand Retail Media Platform and Pursue Acquisitions
· 1h ago · Originally reported by AdExchanger
Retail media infrastructure provider Kevel has secured $52 million in Series D funding. The company plans to use part of the investment to pursue acquisitions in the retail media sector, according to its CEO.
Why it matters
This funding highlights the rapid growth and consolidation in retail media, as platforms seek to expand capabilities and market share through acquisitions.
Explain it like I’m new here
Kevel got a big chunk of money to help stores show more ads and might buy other companies to get even better at it.
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