Adbrain, a Beacon Capital portfolio company, has raised $7.5m in a new investment round, which it will use for further international expansion. The firm has also appointed Jason Atlas as Chief Technology Officer.
Adbrain’s new funding comes from existing investors Notion Capital and Octopus Ventures, with participation from Cisco Investments. CEO, Gareth Davies comments: ‘This latest funding round is a strong validation of Adbrain’s growth trajectory, and we look forward to working closely with all of our investors to continue to deliver on the company’s vision of providing holistic, privacy-safe identity solutions for our customers.’
London-based Adbrain, which also has offices in San Francisco and New York, has developed a platform through which marketers can understand and engage 1:1 with their customers across any device, channel and platform.
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