Deal Announcements

Medio Systems Snags $30 Million

Friday, November 17, 2006 7:30:00 AM PDT | VentureDeal Staff

SEATTLE, WA --  Medio Systems, a white-label provider of mobile search and advertising systems, announced the closing of its Series B funding round of $30 million.

The company said it will use the funding to advance its lead in the mobile search space, develop new products and expand sales and operations in Europe, Latin America and the Asia-Pacific regions.

Investors in the round included Accel Partners, Mohr Davidow Ventures, Frazier Technology Ventures and Trilogy Equity Partners.

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