
WI Harper leads Series B round for AdMaster
W.I. Harper has led a Series B round of funding for AdMaster, a China-based digital marketing service provider. GSR Ventures, which invested in the company’s Series A round in late 2010, also participated.
Founded in 2006, AdMaster provides data solutions including digital marketing performance audit and optimization, audience analysis, Weibo and social media tracking, public opinion monitoring and e-commerce analytics solutions.
"Our team has closely followed the digital advertising space, and while there is still a lack of scalable infrastructure to further accelerate growth, measurement and data analytics is a critical advertising infrastructure that supports the entire digital advertising value chain," said Peter Liu, founder and chairman of W.I. Harper.
Operating from offices in Shanghai, Beijing and Guangzhou, the company currently serves over 300 brands including the likes of Procter & Gamble, Haier, LVMH Group and Estee Lauder.
AdMaster formed a strategic partnership with Ipsos in 2011, and the global research group invested in AdMaster following GSR's Series A round.
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.