Localsensor, a location-based advertising-technology pioneer, has raised its second round of funding from Javest Investment Fund. The investment will be used to further develop Localsensor's location-based mobile DSP and LocalGraph(tm) technology. Javest joins angel investor Erwin van der Veen and startup accelerator Startupbootcamp as early stage investors in Localsensor.
“We invest in strong teams with bold ideas in fast growing markets. With Localsensor we have them all. The in-house developed LocalGraph(tm) technology is exemplary for what this team is capable of doing. Besides the team and the innovative products we believe that the location-based mobile DSP market will continue to grow explosively and Localsensor has the skills and expertise to become the international leader in this market. With our funding they can secure this leading position", said Stefan Bary, Managing Director, Javest Investment Fund.
“Javest is the ideal partner to enable us to both execute our ambitious development timelines and to expand internationally. We are in this game to grow from innovative pioneer to a global leader in location-based mobile DSP solutions", said Rob van Buuren, CEO of Localsensor.
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ABOUT LOCALSENSOR
Localsensor is an advertising-technology pioneer with an in-house developed location-based mobile demand side platform (DSP). Localsensor serves major advertisers and agencies to run highly relevant location-based campaigns at scale. With our patent-pending LocalGraph™ technology we engage the right audiences with dynamic advertising at the right place and the right time. Combined with our advanced real time bidding (RTB) technology we optimize your media spend. Localsensor offers self-service as well as managed DSP solutions. Founded in 2011, Localsensor operates globally and has its headquarters in Amsterdam, the Netherlands. For more information, please visit www.localsensor.com. Follow us on Twitter: @localsensor.
ABOUT JAVEST INVESTMENT FUND
Javest Investment Fund is a technology and internet focused venture capital firm. Javest's vision is to bring innovative portfolio companies to an international scale. Javest typically provides capital between € 50,000 up to € 2 million per company and actively supports its portfolio companies in their growth objectives. Javest has its headquarters in Amsterdam, the Netherlands, and also got an active shareholder base in the USA, Latin America and Europe. For more information, please visit www.javestinvestment.com.
Press contact:
Localsensor
Marthe van Wilsum
E: marthe@localsensor.com
T: +31622099398
Contact
Marthe van Wilsum