Foundation leads funding of Yozio

Yozio, an Oakland-based company that provides mobile analytics and other marketing services to help companies grow their mobile app users, has raised a $7 million Series A round of funding led by Foundation Capital. Also participating in the round are Illuminate Ventures, Webb Investment Network, AME Cloud Ventures and other investors. Yozio previously raised $1.6 million in seed funding. As part of the financing, Ashu Garg, general partner at Foundation Capital, has joined the board.

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