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Komli Media pumps investments worth $6 Million

Submitted by Rajiv Srivastav on Fri, 07/16/2010 - 04:16

The Asia Pacific based prominent digital media network- Komli media has recently declared that it has churned out $6 million as additional backing from its current investors.

These investors include Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson. The purpose of the funding is to pump the amount raised into the company’s expansion plans across Asia Pacific.

The company that recently acquired PostClick, Australia's leading site representation firm, also has a history of raising close to $7 million from the same investors in 2008.

It is now looking at developing strong base in digital advertising market as the largest brands in India are aggressively looking at online medium for their various marketing initiatives at all levels.

The company as of now has a media network representing more than 1,500 websites to the likes of sites such as Facebook, Expedia and Bloomberg with a reach of 30 million unique users across categories and demographic regions.

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