Tuesday, April 26, 2011

MakeMeReach Snags $4.3 Million To Conquer Europe With Facebook Ads

In January, MediaStay became the first French ad network to be approved by Facebook. Then, in the beginning of April, the company announced that it had raised ?15 million ($21.5 million) to take its Tap-joy like game monetization solutions international - mainly in the US. Today, MakeMeReach, a similar French ad network, is announcing that it too has raised money for international development. The company - which was approved by Facebook in January shortly after MediaStay - has just closed a ?3 million ($4.3 Million) round with 3 French funds, Alven Capital, Siparex and UFG-Siparex. The cofounders are still apparently the primary shareholders.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/o1Es_MkVbPQ/

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