Having only just formed this past summer, Japan-based Metaps Inc. is a reward advertisement network that allows smartphone developers to create ads that reward users based on actions like installs or registrations. And today it is announcing that the company has raised $4.2 million from a number of venture capital firms.
A Metaps representative tells me that the company has over 1000 advertisers publishing ads, and over 100 participating developers. The network enables advertising in 25 countries, and has ambitions to become the largest reward advertising network in the Asia region by the end of next year. ...Penn Olson 12/22/2011 [en]
- Investors are Intec IT Capital, Neostella Capital, ngi group, Nippon Venture Capital, and SMBC Venture Capital.