InMobi's big deal: $200 million from SoftBank for mobile ads

09/15/2011 | VentureBeat · MocoNews.net

InMobi, a mobile-advertising network, has received a boost in the form of a $200 million round of funding from Japanese media giant SoftBank. The second-largest global ad carrier for mobile said it would use the money to expand operations in its existing theaters of North America, China, South Korea and Europe, as well to support acquisitions and research.

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VentureBeat · MocoNews.net