Monday, March 26, 2007

AdMob ads USD 15 million — MobileMonday Global: Industry News



"AdMob, the world’s largest mobile advertising marketplace, announced Monday that it has closed USD 15 million in venture capital funding. The Series B financing round was led by Accel Partners, with previous investor Sequoia Capital participating as well.
The company says that it will use the funds to develop new solutions that will make it easier for advertising customers to leverage mobile. AdMob has served over 1.6 billion ads in less than a year. The ads gave come from more than 1200 publishers and were viewed in over 160 countries.AdMob, the world’s largest mobile advertising marketplace, announced Monday that it has closed USD 15 million in venture capital funding. The Series B financing round was led by Accel Partners, with previous investor Sequoia Capital participating as well.
The company says that it will use the funds to develop new solutions that will make it easier for advertising customers to leverage mobile. AdMob has served over 1.6 billion ads in less than a year. The ads gave come from more than 1200 publishers and were viewed in over 160 countries."

No comments: