EDBI of Singapore led the series C round for Smaato. Aeris had led the company's $4.5m series B round in December 2009.
Smaato, a Singapore-based provider of mobile advertising and ad optimization software, has raised $7m from the local government and Aeris Capital, a quasi-corporate venturing vehicle managing the wealth of SAP co-founder Klaus Tschira.
EDBI of Singapore led the series C round for Smaato. Aeris had led the company’s $4.5m series B round in December 2009.
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