Updated: Globes Online reports that the round is a big one: $22 million, and includes all the names listed below. The company raised $5 million earlier this year and will have raised a total of $52 million when the present round is completed..this makes it among the most heavily funded mobile advertising company till now. The company was founded in 2005 by Zohar Levkovitz, the former CTO of Comverse.
Original post: Aug 6: Amobee Media Systems, a mobile advertising company, said today it received an undisclosed strategic investment from Motorola (NYSE: MOT) and Cisco Systems (NSDQ: CSCO). The two new investors join a round in which Telefonica (NYSE: TEF), Vodafone (NYSE: VOD), Accel Partners, Globespan and Sequoia Capital already participated. The company recently scored a deal with Telefonica and deployed with Vodafone in Italy, Spain and Czech Republic. It also hired Gary Schofield as president and COO. Schofield was most recently president of networks at mobile publisher Digital Chocolate. (Release).