Tech Company Financing Transactions
Smaato Funding Round
EDB Investments and Aeris Capital AG participated in a $7 million capital raise for Smaato. The round closed on 1/26/2011.
Transaction Overview
Company Name
Announced On
1/26/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
EDB Investments (Lead Investor)
Proceeds Purpose
The new funds will help fuel the company's international expansion.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
240 Stockton St 10th Floor
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Smaato Inc. is an ad-enabler for mobile phones, pioneering with its mobile advertising platform SOMA (Smaato Open Mobile Advertising) for the delivery of targeted mobile advertising. Smaato is partnering with international brands, advertising agencies, media companies, carriers and software developers for its cutting edge mobile advertising platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ragnar Kruse
Chief Financial Officer
Oliver Reiss
Chief Operating Officer
Georg Fiegen
Co-Founder
Petra Vorsteher
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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