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StrikeAd raises $500,000 for US expansion

Rising demand

StrikeAd raises $500,000 for US expansion
By , Contributing Editor
UK ad platform StrikeAd has raised $500,000 in new funding.

This comes on top of the $3.8 million it raised in its seed and Series A round.

The cash reinforces its expansion into the US market, which has seen CEO Alex Rahaman move to New York to be closer to those all-important US advertisers.

Integration

Founded in 2010, StrikeAd offered one of the first mobile demand-side platform that enables advertisers to manage multiple campaigns across different ad networks.

Companies involved in the funding round are SoftTech VC, Siemer Ventures, and Gil Elbaz (CEO of Factual). They join the likes of DFJ Esprit, which led the Series A round.

[source: TechCrunch]
Jon Jordan
Jon Jordan
Contributing Editor

A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.