Admedo Raises $2M in Series A Funding

Admedo, a London, UK-based business that enables advertisers and agencies to manage their Programmatic advertising in-house, raised a $2m round of Series A funding.

The round was led by Sussex Place Ventures, with participation from Playfair Capital, Encore Capital, and Kima Ventures.

The company intends to use the funds to accelerate product development, grow the development team, expand into new global markets and grow the business.

Led by Nick Moutter, CEO and Founder, and newly appointed chairman Steve Brown, Admedo provides a SAAS Self Serve Ad platform with a full range of licensing options, from free subscription for newcomers to online advertising, to a white label solution for agencies.

FinSMEs

29/07/2014

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