Nexage, a Boston, New York, and San Francisco-based mobile advertising exchange with an advanced real-time bidding (RTB) platform, has closed a US$10m Series B financing.
The round was led by SingTel Innov8, with participation from existing investors Relay Ventures and GrandBanks Capital.
The company intends to use the funding to expand its products and technology, global reach, and ecosystem of buyers and sellers.
Led by CEO and president Ernie Cormier, Nexage connects over 300 publishers and developers with over 150 demand sources. TheNexage Exchange, powered by its integrated RTB and mediation platform, delivers both public and private exchanges with the associated controls.
The company serves customers on a worldwide basis.