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.

The new funds will help fuel Smaato’s international expansion, in particular to extend its presence in Asia from its Asian headquarters in Singapore.

Smaato Raises $7M Venture Capital Round for International Expansion of Mobile Advertising Platform | Smaato Blog