Mobile Ad Network Todacell Lands $1 Million

Authored by Mark Hefflinger on March 9, 2010 - 7:24am.

Tel Aviv, Israel - Todacell, the provider of a mobile display ad network, announced on Tuesday that it has raised $1 million in a new round of funding, from existing investor AfterDox.

Israel-based Todacell works with publishers including Fring, MobiLuck, Mocospace and TuneWiki, and its network reaches mobile devices including handheld game devices from Nintendo, Sony, Apple and Amazon.

The company will use the funds to expand sales and marketing efforts, to include the opening of five new sales offices in New York, Los Angeles, Toronto, London and Bombay.

Related Links:
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http://www.todacell.com