The investment was made by the Martin Companies, a Nashville-based early-stage investment company.
Brands include Toyota, P&G, Nike, Lexus, Samsung, Microsoft, Hyundai, AMD and Nissan.
The company intends to use the funds to expand the platform’s multi-channel analytics and optimization features.
Led by Blair Heavey, CEO, Moontoast, provides brands across automotive, media, entertainment, consumer packaged-goods, retail, and consumer technology sectors, advertisers and agencies with a Social Rich Media Ad platform to create and distribute mobile-responsive rich media ads across all major social channels including Facebook, Twitter and LinkedIn. These interactive ad units provide branded video, audio, and data capture across multiple devices and OS types, delivering actionable analytics.
Customers include Toyota, P&G, Nike, Lexus, Samsung, Microsoft, Hyundai, AMD and Nissan use Moontoast for their social rich media advertising.
The company has offices in New York City, San Francisco and Nashville.