Mobile ad platform developer Smaato gets USD3.5m angel funding

Californian mobile advertising platform firm Smaato is receiving USD3.5m in funding from an undisclosed number of angel investors from the media, financial and telecommunications sectors. Smaato is an ‘ad-enabler’ for mobile advertisers and carriers, with its Smaato Open Mobile Advertising (SOMA) platform allowing the delivery of targeted mobile advertising, including the Smaato News RSS newsreader and Smaato Cost real-time mobile cost control application. The company operates out of both the San Mateo and Hamburg, with strategic partnerships with Third Screen Media and Adconion Media Group in the US and Europe respectively. The funding is expected to be used to boost marketing efforts and build further client relationships.

Deal Details

Amount USD3.5m
Status completed
Target Smaato
Categories Advertising Delivery - Mobile
Regions USA

Theme Article Filter

Theme Article Filter
Show most recent articles by theme:

My Team

My Team

This is where we display a list of your colleagues and the articles they have added to their clippings. To use this functionality, log in or request a trial.

Digital Media Map

Digital Media Map