Deals

Adelphic Mobile raises $10M in funding
Date: 
Tuesday, December 4, 2012
Location: 
Waltham, MA
Deal Type: 
Funding

Adelphic Mobile, developers of an innovative mobile advertising
platform that enables brands to target their mobile customers with
relevant ads, announced today that it has received a $10 million
investment.  The investment was led by Google Ventures with
participation from original investor Matrix Partners.  As part of the
new investment, Rich Miner of Google Ventures has joined Adelphic’s
board of directors.  The new funds will be used to accelerate product
development and scale the company.