InMobi Lands $200M
San Mateo-based InMobi, the mobile ad network, has scored a huge, $200M investment, according to the firm today. According to InMobi, the new funding comes from SOFTBANK Corp., and is divided into two tranches of funding--one coming this month, the other in April of 2012. InMobi is headed by Naveen Tewari, and has previously raised funding from Kleiner Perkins Caufield & Byers and Sherpalo Ventures.
posted on Thursday, September 15, 2011 (Link to more information)
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