Sep 16, 2011

[TechCrunch] Softbank Pumps $200 Million Into Mobile Ad Network Company InMobi

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

  • SoftBank invests large amount of money into successful foreign Internet services such as Gilt Group, SynaCast, Alibaba, Ustream, and Zynga.

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