SingTel unit leads local series A
Singapore Telecom's recently launched venture capital unit, SingTel Innov8, has made its first investment, leading the Series A financing of locally grown 2359 Media. Innov8 invested approximately S$800,000 in the mobile advertisement platform creator, which already has support from the National University of Singapore's Enterprise Incubator.
The Series-A financing will help 2359 Media accelerate the development of its MobDis platform that allows marketers and designers to rapidly create engaging mobile advertisements. 2359 Media plans to expand...
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