Kennet leads $15m series-B round for Trademob
Kennet Partners, High-Tech Gründerfonds (HTGF) and Tengelmann Ventures have invested $15m in German mobile applications platform Trademob, according to reports.
Kennet commited $12.5m, with HTGF and Tengelmann providing the remaining $2.5m.
The new capital will be used to support the company's international expansion, primarily in the US.
Company
Trademob is a Berlin-based tech company that provides a mobile app marketing platform. The platform aggregates ad networks to offer clients a range of marketing options. The company was founded by CEO Ravi Kamran in August 2010. Its client base includes eBay, Universal Music and Axel Springer AG. The company is profitable since November 2011.
Trademob opened an additional office in New York in August and is planning to open another one in San Francisco.
People
Kennet's Michael Elias, managing director, and Hellel Ziedel, director, will join the company's board of directors upon completion of the deal. Jan Sessenhausen led the investment on behalf of HTGF.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








