Prepping For 2013 IPO, Mobile Ad Player Jumptap Names Ex-Yahoo Exec COO; iAd/Admob Backer Joins Board

Independent mobile ad network Jumptap is filling out its team with two more key executives as it continues to prepare for an IPO in 2013 -- and look for more M&A activity as it gets there. The company has named Frank?Weishaupt, a former VP of advertising marketplaces at Yahoo, to the newly-created role of COO. And joining the board is John Hadl -- a partner at U.S. Venture partners as well as a longtime mobile player who had been an advisor to Admob (bought by Google) and Quattro Wireless (bought by Apple), as well as Jumptap rival Millennial Media (now public). The appointments come in the same month that Jumptap announced $27.5 million in additional funding from Keating Capital, WPP, General Catalyst and others, bringing the total invested to $121.5 million.

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