InMobi's social video spinoff, Glance, has raised funding from investors including Google at a valuation topping the $1bn mark.
Internet technology provider Google and investment firm Mithril Capital supplied $145m yesterday for Glance, the Singapore-based owner of social video streaming platform Roposo, at a valuation it told Mint was above $1bn.
Spun off by mobile advertising technology provider InMobi, Glance is the operator of Roposo, a short-form video platform that has more than 33 million monthly active users, broadcasting personalised content on the lockscreens of Android phones in 10 languages including English, Hindi and Tamil.
Google vice-president Caesar Sengupta…
