Miguel Cordon · · 1 min readOnline ad optimization platform ConsoliAds banks $1m in series A round
Singapore-based ad management platform ConsoliAds raised US$1 million in a series A round led by Pakistan-focused venture capital fund 47 Ventures.
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The company plans to use the new investment to strengthen its position in Asia Pacific and fuel its expansion into other regions. It has operations in Dubai and Pakistan.
ConsoliAds also wants to bump up its spending on research and development, it said in a statement.
The company offers publishers an ad monetization and mediation platform that uses machine learning to promote digital content efficiently. It counts companies such as PayPal and Amazon as its top partners, its website shows.
Editing by Charmaine de Lazo
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