Mobile Ad Network AdMob Lands Funding from Sequoia Capital
Menlo Park, Calif. - AdMob, a company that operates an online mobile ad network, said on Thursday that it has raised an undisclosed amount of venture capital in its first round of funding from Sequoia Capital. The company, formed in early 2006, said that it will use the proceeds to expand its sales and marketing efforts and accelerate the development of its Web-based products and services. Menlo Park, Calif.-based AdMob's service is designed to allow both advertisers and publishers to target and personalize advertising on more than 250 million page views per month in 150 countries.
http://biz.yahoo.com/bw/060907/20060907005728.html?.v=1
http://www.admob.com
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