• StrikeAd strikes £2m second round from DFJ Esprit to expand

    Thursday, January 12th, 2012

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    StrikeAd, a London and New York based mobile advertising startup, has secured a £2m second round investment from VCs DFJ Esprit expand further internationally. The investment follows a first round finance from Germany-based venture capital firm eValue announced in February 2011. It recently announced a move into the Japanese market in conjunction with mediba Inc., a leading Tokyo-based advertising business.

    StrikeAd offers a mobile-specific advertising Demand Side Platform which lets media agencies manage global mobile ad campaigns from multiple advertisers from a single platform. StrikeAd claims to be unique in that its a real time platform managing over 30 billion page impressions per month via integrations with all the major mobile media exchanges, enabling a simpler purchase and optimisation of ad inventory.

    Alex Rahaman, CEO of StrikeAd says the backing from DFJ Esprit will allow the company to develop new areas of technology – such as cross-device targeting.

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