San Francisco - Amobee Media Systems, a provider of mobile advertising services for network operators, announced on Wednesday that it has received a strategic minority investment from Spain-based wireless giant Telefonica.

London - Mobile music distributor SDC said on Friday that it has partnered with mobile advertising developer Amobee Media Systems on technology that will serve contextual and targeted opt-in ads to mobile music services. SDC has integrated Amobee's technology that enables DRM music players to receive ads from Amobee's server. London-based SDC's mobile music services are deployed with 20 wireless carriers.

London - Amobee Media Systems, a developer of mobile phone advertising technology, has raised between $15 and $20 million in its second round of venture capital financing, Israeli business news site Globes.co.il reported.