InMobi Seals $200M from Softbank
Mobile advertising network InMobi has sealed a $200 million investment from Japan's Softbank Corp. The round will take place over two tranches – a $100 million infusion this month, followed by another $100 million in April 2012. Softbank joins existing investors Kleiner Perkins Caufield & Byers and Sherpalo Ventures. Formed in 2007, InMobi has now sealed one of the largest investments in the mobile advertising space.
15 September 2011•3 mins read
