Edinburgh,
Scotland -
Rapid Mobile Media, a provider of mobile advertising and applications, announced
on Thursday that it has raised about $4 million in its second round of
financing, led by New Enterprise Associates.
New investor Alliance Trust Equity
Partners, and previous investors Pentech Ventures and the Scottish Venture Fund
also participated.
Scotland-based Rapid Mobile Media's Ad360 platform provide
management of mobile ad campaigns, while its Active Provisioning platform allow
for rapid deployment of any type of service to mobile devices.
The company will
use the funds to accelerate commercial deployment of its technologies.
Related Links:
http://www.rapid-mobile.com/news/press-rapid-mobile-secures-funding
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