Mobile Ad Startup Smaato Inks $7M

Smaato, a developer of mobile advertising technology, has closed on $7 million in venture financing led by Singapore-based EDBI. Private equity firm Aeris Capital also contributed to the round, which will be used for international expansion. Smaato has offices in Redwood Shores, Calif., Germany and Singapore.

26 January 2011•3 mins read
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