Smaato Secures $7,000,000 New Round

  • Feed Type
  • Date
    1/26/2011
  • 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
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funds will help fuel the company’s international expansion.
  • M&A Terms
  • Venture Investor
    EDB Investments
  • Venture Investor
    Aeris Capital AG

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