Russia’s EnterMedia Raises Estimated $1 Million For In-Game Ads
May 22, 2008 5:52 AM
Russian in-game advertising company EnterMedia has raised an estimated $1 million-plus from Mangrove and Russian financier ABRT. EnterMedia’s EgoSet technology places ads in both online and offline games in Russia, with advertising clients including Intel (NSDQ: INTC) and mobile carrier Megafon, Yakov reports, claiming click-throughs of 11 percent and CPMs…
Posted In: Advertising, Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Russia, abrt, entermedia, mangrove capital partners
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