InMobi, which bills itself as the world's largest independent mobile ad network, has
raised a whopping
$200 million in funding from
Softbank. The investment will come in two tranches: half this month, the other half in April 2012. Softbank joins existing backers Kleiner Perkins Caufield & Byers and Sherpalo Ventures as investors in the company, which recently
acquired HTML5 ad builder
Sprout.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/s8f-TtAqga0/
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