Vizury Raises $16M Series C Funding From Intel Capital And Ascent Capital

Vizury has raised $16 million Series C funding round led by Intel Capital with participation from Ascent Capital and existing investors, Nokia Growth Partnersand Inventus Capital Partners. This brings the total funds raised by Vizury to $27 million ($9mn in 2012 led by Nokia Growth Partners and Series A from Ojas in 2011);vizury

The funds will be used to drive product innovation on our mobile and cross-channel propositions and to scale operations in existing markets, especially in China, Japan, LATAM, Middle East and Korea. We are also evaluating our options of entering the US market.” [Chetan Kulkarni, co-founder and CEO]

Vizury, last year, launched a comprehensive mobile advertising retargeting product, MobiConvert, which includes mobile web and app retargeting on both iOS and Android devices and powerful conversion features like app deep linking and click-to-call. Vizury’s competition includes companies like Dapper, Dotomi, Komli etc.

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