India-based mobile advertising company InMobi raised $200m of series C funding earlier this week from Japan-based internet and telecommunications conglomerate Softbank. The investment will be made in two tranches of $100m, the first coming this month with the second scheduled for April 2012.
Prior to Softbank’s involvement, venture capital firms Kleiner Perkins Caufield & Byers and Sherpalo Ventures funded InMobi’s series A and B rounds. InMobi raised $7.1m in January 2008, followed by $8m in its July 2010 series B…
