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Venture Funding: Ad Infuse, Smaato and GoldSpot Media

investmentsAd Infuse, Smaato and GoldSpot Media have all recently announced further rounds of VC funding. They will receive $12 million, $3.5 million and $3 million respectively.

The latest round for Ad Infuse included new investor SoftBank Capital, who led the round, and also included existing investors ComVentures and Storm Ventures.

“The momentum Ad Infuse has built with its unique focus on enabling the full mobile advertising ecosystem is impressive,” said Mike Perlis, partner at SoftBank Capital.

“The company has been very effective in delivering innovative technology solutions, serving top advertising partners, and building a management team with deep media and mobile experience. We believe strongly that Ad Infuse is well-positioned to lead and build long-term success in this high-growth market.”

Ad Infuse press release HERE


Smaato received $3.5 million from Aeris Capital and legal firm Wilson Sonsini Goodrich & Rosati.

“We are convinced Smaato is at the fore front of this new marketing opportunity. Mobile advertising will be in hyper growth mode for the coming years and we believe Smaato is one of the leading pioneers in this field with an experienced management team and an excellent track record in the recent past.” stated Uwe R. Feuersenger, CEO of Aeris Capital.

Smaato press release HERE


GoldSpot Media closed a $3 million Series A funding with Silicon Valley investor Exa Ventures.

“The need for a sustainable and ultimately profitable mobile TV and video advertising solution, one that works to the benefit of all the players in the mobile ecosystem, is critical for mainstream acceptance,” said Tommy Eng, Partner, Exa Ventures.

“We believe that GoldSpot Media’s unique solution has the potential to fill this need and dramatically change the way advertisers interact with their key market segments.”

GoldSpot Media press release HERE


05.02.2008   
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