Venture Capital
PALO ALTO, Calif.--(BUSINESS WIRE)--Moloco, the mobile advertising Infrastructure as a Service (IaaS) company, today announced it has secured $11 million in Series B funding. The round is being led by Samsung Ventures and Draper Athena, with participation from Mirae Asset Management, Smilegate Investment and KTB Ventures. Moloco turns user data into ad performance, enabling mobile businesses to execute marketing and advertising monetization programs in-house with no upfront cost and to achieve.