News
Smaato raises $3.5m
Stuart O'Brien Jan 21 2008, 11:00am
Mobile advertising specialist completes funding round led by Aeris Capital.
The company, which is run out of offices in Germany and the US, will use the investment to further develop its SOMA mobile advertising platform.
The technology can delivery advertising to mobile web and WAP sites, in addition to within actual applications.
Smaato's current ad network partners include Adconion Media Group and Third Screen Media.
Ragnar Kruse, co-founder and CEO of Smaato, said: "With the support of our international investors and our advisory board of experienced and globally connected individuals, we will continue to expand our reach within the industry on a global scale."
