Mobile advertising start-up Pudding Media recently completed a $3 million second round of financing.
Pudding raised the funds from BRM Capital and Opus Capital. Both venture capital firms funded Pudding's first round in January, 2008. Pudding Media has raised $15 million, including the current round, since its inception.
Pudding Media was established in 2007 by CEO Ariel Maislos and his brother, COO Ruben Maislos.
The company recently decided to close its US office and open an office in Asia, to concentrate on the Asian market.
Published by Globes [online], Israel business news - www.globes-online.com - on July 13, 2009
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