Kiosked, a Helsinki, Finland-based global advertising automation platform company, raised $30m in Series B funding.
The round was led by the European Investment Bank.
The company intends to use the funds to further accelerate development, sales and support functions across the US, Europe and APAC.
Led by Micke Paqvalen, CEO, and Antti Pasila, CCO, Kiosked provides a platform that automates the delivery of in-view, standard native ads at scale. Its advertising automation platform company dynamically turns publisher’s content into ad placements, trying to solve the industry’s major issues around ad viewability, relevancy and performance of ads.
Kiosked is already in use by 1,000+ premium publishers across the globe, including among others The Daily Mail, IDG, Answers.com and Perez Hilton.
The company, which currently has offices in 9 countries around the world, has just opened its New York City office headquarters in Times Square and appointed Larry Harris and Jason Fulmines.