EnterMedia, an in-game advertising firm based in Russia, has raised a round of over $1 million from Mangrove Capital Partners and ABRT Fund, according to coverage of a Moscow press conference posted on the Quintura blog.
The company has a proprietary technology it uses to place dynamic ads in flash-based games. Since the Russian market is fairly tiny, it seems likely the investment was made to help migrate the technology to other language markets.
The exact amount of the funding was not disclosed.
Top Stories
- How badly could a recession hurt cleantech? ...
- Google prepping special iPhone ads?
- Stock market swings wildly -- plunges, then ...
- Orkut on the iPhone — a Brazilian ...
- Will Condé Nast close Portfolio? Magazines stay ...
Recent Guest Columnists
- William Quigley
Remaining objective when fear is in the air - Todd Kimmel
What to expect from cleantech in the downturn - Lee Hower
Platforms and developers, part three: What platforms like Facebook can do to expand the developer ecosystem
Job Board
- Product Manager
at True Knowledge (Cambridge, Cambridgeshire, UK) - Interactive Production Designer
at EyeWonder, Inc (233 Peachtree Street Atlanta, GA 30303) - Alliance Marketing Consultant BP
at Sun Microsystems (MENLO PARK, CA) - More Jobs » | Post a Job »
Links
Venturebeat Writers
- Matt Marshall, Editor-in-Chief
- Dean Takahashi, Lead Writer, DigitalMedia
- Eric Eldon, Editor, DigitalMedia
- MG Siegler, Writer, DigitalMedia
- Anthony Ha, Writer, VentureBeat
- Chris Morrison, Writer, CleanTech
- For advertising, contact .
- Log in
Font Size
© 2004-2008(c) Matt Marshall. All rights reserved.Site produced by RubyRed Labs, Evan Levelle
powered by Wordpress
10:33 am
BandwidthCamp » Weekly News & Link Roundup: May 25 - 31, 2008 said:
[...] EnterMedia, a Russian in-game advertising firm, raises first funding [...]