Smaato, a San Francisco, CA-based mobile real-time bidding ad exchange provider, closed a $25m Series E funding.
Backers included Singapore Press Holdings Ltd, Aeris Capital, EDBI and other existing shareholders.
The company will use the funds for operations and development of its platform.
Led by Ragnar Kruse, CEO and co-founder, Smaato is a global mobile Real-Time Bidding (RTB) ad exchange (SMX) and Supply Side Platform (SSP). Its Publisher Platform (SPP) and SMX Real-Time Bidding ad exchange now features 78,000 publishers who can monetize their inventory across 270+ Ad Networks and Demand Side Platforms.
The company currently has 115 employees and is growing, with 20 open jobs in its offices in San Francisco, New York, Hamburg, Singapore and Jakarta.