//Update: Medialets has now officially announced the investment to "continue to fuel our growth". Investors weren't revealed however.
As reported in an SEC filing on Wednesday 9 November, mobile advertising and analytics firm Medialets has raised a total of $8.4 million in what could be considered its Series C funding round.
However, it's not officially announced the deal, nor where the funding has come from, but having previously received backing from 500 Startups, Great Barn Ventures, The Foundry Group and DFJ Gotham, it's likely some or all of those are involved again.
This reticence could mean it's more of a refinancing deal as opposed to a true Series C round.
Already loaded?
The previous funding round raised a figure of $6 million, which was to be spent on ad expansion. The total amount of funding the company has received to date sits at $18.4 million, which isn't a lot compared to other players in the field.
In 2010, Medialets expanded its coverage to include Android and BlackBerry as well as iOS. It's expected that support for Windows Phone will arrive in the future.
[source: SEC, TechCrunch]
News
When Matt was 7 years old he didn't write to Santa like the other little boys and girls. He wrote to Mario. When the rotund plumber replied, Matt's dedication to a life of gaming was established. Like an otaku David Carradine, he wandered the planet until becoming a writer at Pocket Gamer.
Related Articles
Top Stories
News
May 31st, 2024
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
May 31st, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
Indie Game Fest & Indie Campus 2024 | Europe | May 31st |
Game Access Conference 2024 | Europe | May 31st |
Indie Craft K-Game Festival 2024 | Europe | May 31st |
Gaymer Pride | North America | Jun 1st |
BostonFig Online 2024 | Jun 1st | |
GameSummit Summer 2024 | Jun 1st | |
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Games Mental Health Summit 2024 | Europe | Jun 3rd |