InMobi Secures $100 Million Debt Funding to Innovate Advertising Platforms
Wednesday, 11 September 2024, 01:05
Financial Boost for InMobi
InMobi has successfully secured $100 million in debt funding from Mars Growth Capital. This significant financial backing will enable InMobi to power its revolutionary lock screen experiences.
Transforming Advertising Platforms
The funding is dedicated to reimagining how ads can achieve superior engagement and improve outcomes across InMobi Advertising's platforms. By focusing on truly native advertising, InMobi aims to enhance user interaction.
- Major Funding Round: $100 million raised.
- Key Investor: Mars Growth Capital.
- Focus on Innovation: Enhancing user engagement.
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