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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

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