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Madhouse Closes C Round Financing
[April 22, 2013]

Madhouse Closes C Round Financing


SHANGHAI, Apr 22, 2013 (SinoCast Daily Business Beat via COMTEX) -- Leading Chinese mobile advertising network and mobile marketing service provider Madhouse has completed the third round financing, with China Renaissance acting as exclusive financial advisor. The investment was led by Qualcomm Inc. (Nasdaq: QCOM) through Qualcomm Ventures (QCV). Existing investors included Gobi Partners, JAFCO Asia, TDF CAPITAL, Nokia Growth Partners and D2 Communications. Three rounds of investment have totaled nearly USD 30 million.

Source: www.chinaventure.com.cn (April 22, 2013)

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