InMobi Enters Into Multi-Million Dollar Mobile Advertising Partnership With Amobee Partnership to deliver mobile advertising campaigns for Fortune 500 companies worldwide
REDWOOD CITY, Calif., May 11, 2011 /PRNewswire/ -- InMobi, the world's largest independent mobile ad network, and Amobee, the world leader in end-to-end mobile advertising solutions and services, today announce a 3-year, multi-million dollar partnership. The scale of the partnership is remarkable and is a clear sign of the massive growth occurring in the mobile advertising industry currently.
Amobee's large portfolio of Fortune 500 brands will now have access to InMobi's leading mobile ad network, which is capable of reaching over 300 million consumers across 200 countries worldwide. Together, the two companies will be able to deliver richer, more innovative campaigns, such as immersive 3D advertising, with a wider global reach.
"InMobi's impressive ad network gives us the ability to offer our brands targeted mobile ad campaigns with unprecedented global reach, engagement, and performance," said Zohar Levkovitz, co-founder and CEO of Amobee. "As a leading mobile advertising services and solution provider, Amobee is always looking to partner with pioneers in the market that will add value for our customers."
"Amobee has an enviable track record of success supporting the world's leading brands with their cutting edge, end-to-end mobile advertising solution," said Naveen Tewari, co-founder and CEO of InMobi. "In combining forces, InMobi will now be able to offer Amobee's clients greater ROI and reach."
InMobi is the world's largest independent mobile advertising network. With offices on four continents we provide advertisers, publishers and developers with a uniquely global solution for advertising. Our network is growing fast and we now deliver the unprecedented ability to reach 200 million consumers, in over 125 countries, through more than 31.5 billion mobile ad impressions monthly. We recently were selected as the 2010 AlwaysOn Global 250 Company to Watch in Silicon Valley. InMobi is venture-backed with marquee investors including: Kleiner, Perkins, Caufield & Byers and Sherpalo Ventures. The company has offices in London, San Francisco, Bangalore, Tokyo, Mumbai and Singapore.
Headquartered in Redwood City, California, Amobee offers complete, end-to-end mobile advertising solutions and services for advertisers, developers, publishers and operators. With offices in Europe, Asia, Latin America and the US, Amobee enables its customers to run targeted, leading edge mobile ad campaigns on a global scale with unparalleled ROI. Amobee has financial backing from some of the biggest names in venture capital: Sequoia Capital, Accel Partners and Globespan Capital, as well as strategic investments from Motorola, Cisco and leading operators, Vodafone and Telefonica. To learn more, please visit www.amobee.com.