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Mumbai-Based Komli Media Raises $39 Million

By TechTaffy Desk

 

[Techtaffy Newsdesk]

Komli Media has raised $39 million, its largest financing to date. Norwest Venture Partners (NVP) led the financing with participation from Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson, and Western Technology Investment. The company has now raised a total of $62 million.

The funds will be used to invest in the company’s core media technology platforms and to expand its presence across the Asia Pacific (APAC) region. Komli Media has grown 150% annually since 2009, says the company.

Komli Media is a media technology company with solutions across display, mobile, video, social, search and data. Komli is working on next-generation digital advertising technologies as well. Headquartered in Mumbai, Komli Media has over 400 employees worldwide. Komli is backed by investments from Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson and Western Technology Investment.

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