Nexage raises $4m for mobile ad platform

Nexage provides a solution to tie mobile web, SMS, in-game and video advertising together into one advertising space. The company has raised $4 million in a first round that includes BlackBerry Partners Fund and Grand Banks Capital as investors. The company will also be relocating from Silicon Valley to Boston, an area with more mobile advertising companies and talent.

dev_spotlightCEO Devkumar Gandhi founded mobile payment systems maker Wyngate and has previously held several management positions with Nextel.

Marc Faucher of the BlackBerry Partners Fund will speak at MobileBeat 2009 on Thursday, July 16th at the Parc 55 hotel in San Francisco. Tickets are sold out, sorry.