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May 5, 2011 07:28 pm GMT

Local Mobile Ad Network xAD Hits 2 Billion Ads Served, Hires CFO

Local mobile advertising network xAD has hit an important milestone today"2 billion ads served. After serving one billion ads in the first 18 months since launch, xAD doubled this in the past 4 months, serving another one billion ads since January. The company is also bringing on a new CFO.xAD, which raised $4 million in funding and wants to be the "AdMob of Local," offers a local mobile search and advertising network in the U.S. The company's patented mobile optimization technology identifies who, what, and where an end user is, and serves the most relevant click, call and check in based advertising.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/J_g7JhcXMFI/

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