Metaps Inc., a Tokyo, Japan-based Android monetization platform, has secured JPY 1 billion (approximately $11m) in Series B private equity financing.
Backers included Fidelity Growth Partners Japan and existing investors (read here).
The company intends to use the proceeds to recruit new people and grow the service in Asia and other countries.
Led by President and CEO Katsuaki Sato, Metaps provides developers with an Android monetization platform that features the necessary tools to attract customers, activate users, and monetize traffic.
Launched in August 2011, the company has been focusing on Asian markets to consult developers mainly in Japan, Korea, Hong Kong, Singapore, and additionally North America.