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Smaato Snags $25M

San Francisco-based mobile advertising company Smaato announced today that it has raised $25M in a funding round. The Series E funding came from Singapore Press Holdings Ltd (SPH), along with Aeris CAPITAL, EDBI and the company's other existing shareholders. The company said the funds go towards growth, operations, and development. Smaato is led by Ragnar Kruse, and operates a mobile RTB ad exchange. More information »


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