GoldSpot Media, a Sunnyvale, California-based provider of mobile rich media and video advertising solutions, has closed $12.05m Series B funding.
Investors include Exa Ventures and Berg Enterprises.
In conjunction with the funding, Carl Berg of Berg Enterprises, has joined GoldSpot Media’s Board.
As also stated by Srini Dharmaji, CEO and Founder of GoldSpot Media, this financing will allow the company to support its customer base, expand sales and marketing, as well as accelerate rich media ad innovations.
GoldSpot Media’s mobile rich media ad platform, miSpot™, allows publishers and advertisers to create, manage, distribute and track mobile ad campaigns across all smartphone and tablet platforms (including iPhone, Android, Blackberry and iPad). Customers include Toyota, Hewlett-Packard, Audi, Toshiba, KIA Motors, and Brother.
The company has sales offices in New York and Japan, and an R&D center in Bangalore, India.