Ubimo Raises $2 Million of Seed Funding

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Seed: $2,000,000

Founded: 2013

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Tel Aviv, Israel – Ubimo, a location-based mobile advertising platform has raised $2 million of seed funding from Pitango Venture Capital and angel investor Eyal Gura.

“We believe that focusing on the location signals, rather than specific users, is key to identifying the right context for each advertiser and provide more relevant ads with better results “ said by Ran Ben­Yair, Co­founder and CEO of Ubimo.

As part of the funding deal, Rami Beracha, managing general partner at Pitango, has joined Ubimo’s board.


Funding Total: $2,000,000

Round Date Amount Pre Amount Post Amount
Seed 08/2013 $2,000,000
Investors: Pitango Venture Capital

See all fundings here


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