In January, MediaStay became the first French ad network to be approved by Facebook. Then, in the beginning of April, the company announced that it had raised ?15 million ($21.5 million) to take its Tap-joy like game monetization solutions international - mainly in the US. Today, MakeMeReach, a similar French ad network, is announcing that it too has raised money for international development. The company - which was approved by Facebook in January shortly after MediaStay - has just closed a ?3 million ($4.3 Million) round with 3 French funds, Alven Capital, Siparex and UFG-Siparex. The cofounders are still apparently the primary shareholders.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/o1Es_MkVbPQ/
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