StrikeAd Secures £2M in Second Funding from DFJ Esprit

Funding Rounds

Summary

StrikeAd, a London and New York based mobile advertising company, has secured £2m in second funding from venture capital firm DFJ Esprit.The company intends to use the capital to continue its international expansion.In 2011, StrikeAd opened a New York offices and announced a move into the Japanese market in conjunction with mediba Inc., a Tokyo-based advertising business.Led by CEO Alex Rahaman, the company offers a dedicated mobile advertising Demand Side Platform (DSP), which allows media agencies to plan, optimize and deliver effective global mobile advertising campaigns.The company is currently hiring (http://www.strikead.com/careers).

$ Funding

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Amount $3.1M Total raised
Date January 12, 2012 Announcement date
Investors Draper Esprit, DFJ Esprit Lead investors
Company http://www.strikead.com/ Funded company

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applications
Web and Content Management

AskAI Classifications

Labels
Advertising Technology Contextual Intelligence Data Analytics

Linked Companies

Peer39
$1M to $5M