Thursday, 24 May 2012

Komli Media raises $15m for research and media units

INDIA— Komli Media, a digital media network and audience measurement firm, has raised $15m in a funding round led by Norwest Venture Partners, backed by existing investors Nexus and Helion Venture Partners.

Komli said the additional capital will be used to fuel “aggressive expansion” throughout India and across key markets in Asia Pacific.

Investments will be made in both the digital media network and ViziSense, the company’s online audience and ad measurement business.

ViziSense was recently launched in Australia, and is thought to be bidding to become IAB Australia’s “preferred supplier” of online audience measurement services.

The $15m investment marks Komli Media’s fourth financing round. It raised $6m last July, $7m in January 2008 and an undisclosed amount in April 2007.

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