San Francisco – xAD, a provider of local mobile search and
advertising services, has raised $4 million in new funding, from Emergence
Capital Partners.
San Francisco-based xAD said its local mobile ad network is
already profitable, and growing at a rate of 20% each month.
The company will
use the new funds to expand its technology platform, scale its management team,
and increase its footprint in the local mobile ad sector.
Related Links:
http://www.prweb.com/releases/2010/10/prweb4643224.htm
http://www.xad.com
