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Kleiner, Sherpalo pump $8M into InMobi

Written on July 16, 2010

Mobile ad network InMobi said on Tuesday it has raised $8 million in second round funding from Menlo Park venture firms Kleiner Perkins Caufield & Byers and Sherpalo Ventures.

The Bangalore, India-based company has its U.S. office in San Mateo.

Both Kleiner and Sherpalo invested in InMobi, which has now raised $15 million, earlier.

InMobi has recently begun building out its network in the U same day payday loans.S. after establishing itself in Asia, Europe, and Africa. The startup was founded in 2007 and says that it delivers 16.7 billion ad impressions a month.

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