Briabe Media Raises $2M from Stochasto Holdings

Briabe Media, a Venice, CA-based full service mobile marketing agency targeting U.S. Hispanic, African and Asian American consumer groups, has raised $2m from Stochasto Holdings AS of Norway.
The company intends to use the proceeds from the investment to enhance its technology through the adoption of Stochasto’s mobile marketing technology platform.
Founded in 2005 by CEO James Briggs, Briabe Media provides advertisers with a comprehensive suite of mobile advertising solutions across multiple and diverse mobile platforms, integrating new offerings in the areas of mobile CRM, location-based services and live event SMS messaging campaigns.
Current clients include top advertisers including Ford, Amtrak, American Airlines, Verizon, Colgate and The U.S. Marines.

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