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Thursday, September 15, 2011

Mobile Ad Network InMobi Gets $200M From Softbank Corp. | Digital - Advertising Age

Mobile ad network InMobi has secured $200 million in funding from Japanese holding company Softbank Corp. this week.

For mobile, that's a boatload of money.

But considering who it's up against -- increasingly dominant mobile players such as Google and Apple, not to mention established independents such as Jumptap and Millennial Media -- this 4-year-old Indian company will need it.

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