Photo: Smadex

Photo: Smadex

Last modified: 19/07/2013

Smadex secures financing for near on one million €

The ICT firm develops mobile apps for the marketing and advertising sector.

Smadex, a mobile apps developer for the marketing and advertising sector, has secured close to a million € in capital funding. The injection of capital means investors Luis Martin Cabiedes (Trovit), the 101 Startups group, and IESE business angels fund now become stakeholders.

Smadex has seen its turnover multiplied by 30 over recent months, thanks to an increase in the auctioning of mobile device advertising spaces.

The company currently has customers in Spain, France, Great Britain, Germany and South America.


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