Fyber, a Berlin, Germany-based mobile advertising technology company, secured $7.9m (£5.8 m) in alternative financing.
Ad-tech alternative financing specialist BillFront provided the invoice-financing facility which will help Fyber to scale globally.
With the deal, BillFront also announced its launch into the German market with its partnership with solarisBank.
Currently, alternative financing has provided £337mn to roughly 10,000 European businesses in the last three years and is rising fast, as evidenced by this deal
Led by Andreas Bodzcek, CEO, Fyber an independent adtech company that connects app developers and media companies with advertisers across every device and Supply-side Platform, Ad Server, Ad Exchange and Mediation products.