Smaato Raises $7 M of Series B Funding

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A Round: $3,500,000
B Round: $4,500,000
B Round: $7,000,000

Founded: 01/2005
Industry: Mobile

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Redwood Shores, California – Smaato, the startup mobile advertising company that operates the mobile ad optimization platform SOMA (Smaato Open Mobile Advertising) has raised $7 M of series B funding from Singapore-based VC firm EDB Investments (EDBI) and was backed up by Aeris-Capital.

The new funding will be used to finance the global expansion of Smaato. Smaato currently have offices in California, Singapore and Germany.


Funding Total: $7,000,000

Round Date Amount Pre Amount Post Amount
B 01/2011 $7,000,000
Investors: EDB INVESTMENTS, Aeris Capital

See all fundings here


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