InMobi, which bills itself as the world’s largest independent mobile ad network, has raised a whopping $200 million in funding from Softbank.
The investment will come in two tranches: half this month, the other half in April 2012. Softbank joins existing backers Kleiner Perkins Caufield & Byers and Sherpalo Ventures as investors in the company, which recently acquired HTML5 ad builder Sprout. ...TechCrunch 9/15/2011
memo
- SoftBank invests large amount of money into successful foreign Internet services such as Gilt Group, SynaCast, Alibaba, Ustream, and Zynga.
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