Tech Company Financing Transactions
InMobi Funding Round
InMobi, based in Chicago, scored $8 million from Kleiner Perkins Caufield & Byers and Sherpalo Ventures.
Transaction Overview
Company Name
Announced On
7/13/2010
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Kleiner Perkins Caufield & Byers (Ajit Nazre)
Sherpalo Ventures (Sandeep Murthy)
Proceeds Purpose
With this new round, InMobi will focus on its recent US expansion, launch in Japan and continue to grow existing operations in Europe, Asia Pacific, and Africa. The company will also double its engineering staff to further enhance its mobile advertising technology platform globally.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
20 West Hubbard St. 3rd Floor
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Undisclosed
Website
Email Address
Overview
InMobi enables consumers to discover amazing products through mobile advertising. Through Miip, a revolutionary discovery commerce (d-commerce) platform, developers, merchants & brands can engage mobile consumers globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Naveen Tewari
Co-Founder
Amit Gupta
Co-Founder
Mohit Saxena
VP - Product Management
Piyush Shah
VP - Sales
Abhay Singhal
Browse more venture capital transactions:
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