GoldSpot Media Raises $12M

Wade Roush4/8/11

Goldspot Media, a Sunnyvale, CA-based startup developing software for creating, distributing, and tracking rich-media ad campaigns on smartphones and tablet devices, said today (PDF) that it has closed a $12.05 Series B funding round. Exa Ventures and Berg Enterprises were the backers. Carl Berg from Berg Enterprises has joined Goldspot’s board. The company said the financing would allow it to expand customer support, sales, and marketing operations as well as new product development.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @