Tech Company Financing Transactions
InMobi Funding Round
On 9/15/2011, InMobi raised $200 million in funding from SBNY.
Transaction Overview
Company Name
Announced On
9/15/2011
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will take place in two tranches- $100 million in September 2011 followed by an equivalent tranche in April 2012. This partnership will provide Softbank and InMobi with opportunities to further explore global scale collaboration in the fast growing mobile ad market. It is also expected to generate further synergies between InMobi and Softbank, given the significant number of prominent Asian Internet companies in Softbank's investment portfolio.
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
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