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January 12, 2013 07:27 am GMT

Pontiflex Raises $7.7M For Its Mobile Signup Ads

pontiflexMobile ad company Pontiflex has raised $7.7 million in new funding. The news was revealed in a filing with the Securities and Exchange Commission and confirmed byGeoff Grauer, Pontiflex's CIO, COO, and co-founder.In an email statement, Grauer said the round was led by Blackstone, and is intended to grow AdLeads, a self-serve mobile ad platform where advertisers only pay after someone viewing the ad completes a sign-up platform. Ten thousand local businesses have signed up since AdLeads launched last March.

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