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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

July - 2012 - issue > Venture Beat

Komli Media raises $ 39 Million in fourth round of Funding

SI Team
Sunday, July 1, 2012
SI Team
The media technology platform Komli Media has raised $39 million led by Norwest Venture along with the participation of Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson, along with Western Technology Investment, a new investor. This is the company’s fourth and largest financing till date. The funds will be used to invest in the company’s core media technology platforms and to expand its authority across the Asia Pacific region.

"We see significant long term opportunity in bringing an integrated platform solution to the market. This financing will allow us to materially scale our platform and operations by investing in our Real-Time Bidding (RTB), data, analytics, and retargeting solutions to improve ROI for advertisers and yield for publishers. Our industry leading solutions will allow us to deepen our presence and engagement with customers and publisher partners across APAC," says Prashant Mehta, CEO, Komli Media.

Established in 2006 by Amar Goel and Akshay Garg, Komli Media is a prominent media technology organization with various services like display, mobile, video, social, search and data for advertisers, agencies, and publishers. Headquartered in Mumbai, the company has over 400 employees across 18 offices in India, Australia, New Zealand, UK and other South East Asian countries. It's leading real-time display advertising (ATOM), video (Komli Play), mobile (Komli Mobile) and social (Komli Engage) solutions are focused on delivering value proposition.

Komli Media has grown 150 percent annually since 2009. Today, the Company has over 5,000 leading publishers including exclusive relationships with Facebook and MSN in key markets. It reaches over 270 million users monthly and actively services more than 1,000 advertisers across the region. It responds to over 38 billion monthly impressions, up from 10 billion 12 months ago.



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