Tech Company Financing Transactions

InMobi Funding Round

InMobi, operating out of Chicago, raised $100 million from MARS Growth Capital and private investors.

Transaction Overview

Company Name
Announced On
9/11/2024
Transaction Type
Debt
Amount
$100,000,000
Round
Undisclosed
Investors

MARS Growth Capital (Lead Investor)

Proceeds Purpose
The company intends to use the amount to accelerate its artificial intelligence (AI) development and deployment efforts forward and fund potential AI-focused acquisitions.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
20 West Hubbard St. 3rd Floor
Chicago, IL 60654
USA
Phone
Undisclosed
Email Address
Overview
InMobi enables consumers to discover amazing products through mobile advertising. Through Miip, a revolutionary discovery commerce (d-commerce) platform, developers, merchants & brands can engage mobile consumers globally.
Profile
InMobi LinkedIn Company Profile
Social Media
InMobi Company Twitter Account
Company News
InMobi News
Facebook
InMobi on Facebook
YouTube
InMobi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Naveen Tewari
  Naveen Tewari LinkedIn Profile  Naveen Tewari Twitter Account  Naveen Tewari News  Naveen Tewari on Facebook
Co-Founder
Amit Gupta
  Amit Gupta LinkedIn Profile  Amit Gupta Twitter Account  Amit Gupta News  Amit Gupta on Facebook
Co-Founder
Mohit Saxena
  Mohit Saxena LinkedIn Profile  Mohit Saxena Twitter Account  Mohit Saxena News  Mohit Saxena on Facebook
VP - Product Management
Piyush Shah
  Piyush Shah LinkedIn Profile  Piyush Shah Twitter Account  Piyush Shah News  Piyush Shah on Facebook
VP - Sales
Abhay Singhal
  Abhay Singhal LinkedIn Profile  Abhay Singhal Twitter Account  Abhay Singhal News  Abhay Singhal on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/11/2024: SplxAI venture capital transaction
Next: 9/11/2024: Solasta Bio venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to record all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary