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September 15, 2011 02:14 pm GMT
InMobi, which bills itself as the world's largest independent mobile ad network, has raised a whopping $200 million in funding from Softbank. The investment will come in two tranches: half this month, the other half in April 2012.Softbank joins existing backers Kleiner Perkins Caufield & Byers and Sherpalo Ventures as investors in the company, which recently acquired HTML5 ad builder Sprout.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s8f-TtAqga0/
Softbank Pumps $200 Million Into Mobile Ad Network Company InMobi
InMobi, which bills itself as the world's largest independent mobile ad network, has raised a whopping $200 million in funding from Softbank. The investment will come in two tranches: half this month, the other half in April 2012.Softbank joins existing backers Kleiner Perkins Caufield & Byers and Sherpalo Ventures as investors in the company, which recently acquired HTML5 ad builder Sprout.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s8f-TtAqga0/
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