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Smaato Snags Series E Venture Capital Financing

Wednesday, August 6, 2014 5:45:00 AM PDT | VentureDeal
   San Francisco, California  --  Mobile advertising technology company Smaato has garnered $25 million in its fifth round of venture capital funding.

Smaato has created a mobile advertising platform for delivery of target mobile advertising.

Investors in the round included Singapore Press Holdings, Aeris Capital and EDBI.

The company said it would use the funds for its growth initiatives and development of a next-generation advertising platform.

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