Zainali Jaffer, the co-founder and CEO of ad tech platform Vungle, has been placed on indefinite leave after being arrested for a litany of crimes. According to inmate information from the San Mateo County Sheriff’s Office, Jaffer is being held on charges of child abuse, lewd act upon a child, “oral copulation of a person under 14,” assault with a deadly weapon, battering an officer and emergency personnel, and attempted murder.
Yesterday, Venturebeat reported that Jaffer had been placed on an indefinite leave, due to what was initially described as a “leadership shuffle.” Vungle is considered one of the success stories to come out of startup incubator AngelPad, along with Postmates.
Vungle is likely unfamiliar to most people, as it occupies the space in the technology sector that serves companies rather than directly providing a product to consumers. In Vungle’s case, that service was in-app ads, and the list of its clients includes Warner Brothers, Electronic Arts, Sony, Nickelodeon, Sega, Zynga, and Unilever. Jaffer told TechCrunch in February his company was on track to hit a £227 million revenue run rate.
We’ve reached out to Vungle for comment.