2008-11-14 12:44:31.0
Mojiva, a New York-based mobile advertising firm, has raised an undisclosed amount in Series A funding from Bertelsmann Digital Media Investments, the venture capital arm of German media conglomerate Bertelsmann.
Founded in May 2008, Mojiva provides advertising tools which enable content distributors to integrate targeted advertising into the delivery of mobile media.
StrategyEye's related companies: Bertelsmann Digital Media Investments, Mojiva
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vividz
Apart from the ability to raise funds, there has been some discussions ( or alerts ? ) by Mojiva's publishers that the company has been having issues in making payment to publishers.
Especially, the payment for January 2009 revenue which is long overdue ( >2weeks so far ). So far, there has also no official communication on a committed payment date for the delay.
Further, there has also no communications for such delay, in Mojiva's official blog ( http://blog.mojiva.com/ ). The blog is frequently been updated, but no information pertaining to the payment's delay.
So, is the bubble going to burst soon ?!
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