Velti Buys Ad Infuse

Velti (LSE:VEL) has acquired Ad Infuse, a San Francisco-based provider of personalized mobile advertising solutions. No financial terms were disclosed. Ad Infuse had raised around $18 million in VC funding, from firms like Storm Ventures, Velocity Interactive Group (f.k.a. ComVentures) and SoftBank Capital.

12 May 2009•4 mins read
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