Smaato Closes $4.5M Financing Round

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Database Reference:  F231109-265
Business:  Smaato
Location:  USA, Redwood Shores, California/Germany
Region:  North America/Europe
Business description:  Mobile ad optimizer and mobile advertising company
Category: Advertising: Mobile
Contact:  Ragnar Kruse, CEO and Co-Founder

Investors:  Aeris CAPITAL led the $4.5 million round, with an undisclosed partner and existing shareholders also participating.

Round:  Round B
Amount raised:  $4,500,000
Details:  Smaato, has raised $4.5 million. The capital will be used to grow the company’s  position as the largest mobile advertising optimizer, and to grow its global presence.
Link:  Press Release

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