Neomobile invests in Pantea and boosts NeoPowerAd

Neomobile Group announced today a minority stake investment in Pantea, along with the Italian venture capital fund AVM (Intesa San Paolo Group).

Pantea is a technology start-up founded in Pisa (Italy) and focused on developing Mobile Marketing and Advertising solutions, powered by a cutting-edge proprietary Ad Server. Pantea technology has been chosen by Neomobile for the strong guarantees, provided not only to Neomobile but also to all publishers, advertisers and agencies.

Since 2010 Neomobile and Pantea have been partnered to develop NeoPowerAd, a pure mobile advertising marketplace, commercially launched earlier this year by Neomobile: in few months NeoPowerAd has experienced a huge growth becoming the most innovative premium Ad Network in Italy.

To read the press release please click here.