Komli Media, a Mumbai-based advertising network startup, has picked up $6 million in Series B funding from existing investors Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson. The fresh funds will be used to grow the company’s presence in the Asia Pacific region.
The funding follows Komli’s acquisition of PostClick in Australia last month, as part of its Asia Pacific expansion strategy. The company claims 1,500 sites on its network including Facebook, Expedia and Bloomberg, and 30 million unique users.
The company raised $7 million in its Series A round in 2008. It currently employs 90 people in India and overseas and was founded in 2006 by Amar Goel, CEO, who earlier led sales and services at Microsoft.
(Source: Press Release)
Keep up the good work and keep expanding