Mojiva Raises $25 Million

7/12/11Follow @arleneweintraub

New York-based Mojiva—the parent company of the mobile ad network, Mojiva, and the mobile ad serving platform, Mocean Mobile—raised $25 million in a Series C, according to a press release sent to Xconomy. The round was led by Shamrock Capital Advisors, with participation from previous investors Pelion Venture Partners and Bertelsmann Digital Media Investments.

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