Wednesday, January 23, 2008

Ad Infuse Raises $12M

San Francisco-based Ad Infuse, a provider of mobile advertising products, said Wednesday that it has raised $12M in a new round of funding. The round was led by SoftBank Capital, and also included existing investors ComVentures and Storm Ventures. Mike Perlis of SoftBank Capital will join the firm's board as part of the funding. Jeb Miller of ComVentures currently sits on the firm's board of directors. More information »