Tuesday, January 25, 2011

Celtra Raises $5 Million For Rich Media Mobile Ad Technology

Mobile advertising startup Celtra has raised $5 million in Series A funding from GrandBanks Capital and Fairhaven Capital. Celtra develops a self-service mobile ad platform, called AdCreator, which is a one-stop-shop SaaS for display ad creation, trafficking, tracking and ad optimization. Celtra's rich media ads can then be integrated into Jumptap, AdMarvel, Amobee, Mojiva, Nexage, Smaato, Sympatico, Pandora and DoubleClick DART. And the platform offers analytics to show brands how users are interacting with their ads.

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