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Mobile Ad Serving Startup MADS Raises €1 Million Series B

Robin Wauters

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Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Friday, November 4th, 2011
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mads

MADS, a provider of mobile display and messaging ad serving solutions, has raised €1 million – or roughly $1.4 million – in funding in a Series B round led by OTM Investments (both the company and the investor are based in The Netherlands).

MADS says it will use the fresh capital to take its business beyond mobile ad serving and set up sales offices in the UK, Germany, Italy, France and Spain to support clients in their local languages.

Read more at TechCrunch Europe.

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