Mobile Reward Ads, Metaps Closes 110M Yen Of Fundraising / TechCrunch Japan

Metaps announced that it closed fundraising of 110 million yen, following 330 million at the end of the last year. The series A round of 440 million yen in total is finalized.

Metaps was founded in September, 2007 as E-Factor to operate community service. It entered reward ads for mobile in 2010 and started focusing on the business on a full scale in 2011. It established a subsidiary in Singapore last year to expand into Asia region including Hong Kong, Indonesia, and Philippines in addition to Singapore.  ...

The investors for the 110 million yen include Mitsui Sumitomo Insurance Venture Capital and Sansei Capital.

TechCrunch Japan 2/20/2012 [jp]

memo

• The company also announced that it will open offices in China, US, and Europe within 6 months to build partnership with local application developers.
• http://www.metaps.com/