The new funds will help fuel Smaato’s international expansion, in particular to extend its presence in Asia from its Asian headquarters in Singapore.
Saturday, January 29, 2011
Smaato Raises More Money for Mobile Ad Network, Especially in Asia
Smaato has gotten a new round of funding. Singapore’s EDBI led the $7 million round, with participation from existing shareholders including global private equity firm aeris CAPITAL.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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