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Madup

Mobile Marketing Company Madup Secures 13.4 Billion KRW Investment

Growth and Expansion of the Mobile Ad Market Are Expected Madup, an ad-tech based mobile marketing company, announced that it has secured Series B funding of total 13.4 billion KRW. A total of 5 venture capitals - Praxis Capital (a private equity fund partner), Stonebridge Ventures, ID ventures, MG investment, and Seoul Investment Partners - have funded this Series B investment. The significance of Stone Bridge Venture's decision to continue its investment after its Series A funding demonstrates Madup's growth…