Smaato Secures $4,500,000 Series B Round

  • Feed Type
  • Date
    12/3/2009
  • Company Name
    Smaato
  • Mailing Address
    3 Lagoon Drive Redwood Shores, CA 94065
  • Company Description
    Smaato Inc. is an ad-enabler for mobile phones, pioneering with its mobile advertising platform SOMA™ (Smaato Open Mobile Advertising) for the delivery of targeted mobile advertising. Smaato is partnering with international brands, advertising agencies, media companies, carriers and software developers for its cutting edge mobile advertising platform.
  • Website
    http://www.smaato.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The capital will be used to grow the company’s leadership position as the largest mobile advertising optimizer, and to grow its global presence.
  • M&A Terms
  • Venture Investor
    Aeris Capital AG
  • Venture Investor
    Undisclosed

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