Bangalore: Technology Platform for physical advertisement media owners and media buyers – BookAdSpace has raised angel investment from Aakrit Vaish of Flurry India and Mitesh Sampat of Quova. The undisclosed amount of money will be used to consolidate the product roadmap and hire employees.

Established in early 2012 by Prayaag Kasundra, BookAdSapce provides software tools to manage businesses and organize business information very efficiently for media owners and agencies. It provides workflow based tools for media owners- from managing inventory and availability to proposal, booking, installation and billing/ invoicing. And for media buyers, BookAdSpace provides tools to maintain media and campaign. The Mumbai based company is backed by startup incubator - The Morpheus and has a team of 5 along with the sales and management team.

In this space of online video advertising platform – Vdopia raised $3.4 Mn in Series B round of investment from undisclosed investor; Sequoia Capital along with Canaan Partners invested R35 Cr in location-based mobile advertising platform – Adnear.