Offermobi runs a performance-based mobile advertising network in which advertisers pay only for specific user actions such as lead generation, SMS opt-ins, or call connections. Launched in April 2010, the company positions itself as the first performance marketing network for mobile advertising campaigns in the United States. Offermobi has attracted roughly 8,500 publishers and more than 60 mobile advertisers since launch. The company reports over 3 million ad clicks and offers running across 650 million ad impressions on a monthly basis. Future plans funded by the recent raise include hiring business development and affiliate management staff and launching mobile offers in new verticals, including finance and entertainment. The article does not provide revenue or profitability figures.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2011