This article was published on June 12, 2012

Indian digital ad firm Komli Media raises $39 million from Norwest and others


Indian digital ad firm Komli Media raises $39 million from Norwest and others
Robin Wauters
Story by

Robin Wauters

Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

Komli Media, a digital advertising company focused on the Asia Pacific (APAC) region, this morning announced that it has raised $39 million in funding from Norwest Venture Partners with participation from Nexus Venture Partners, Helion Venture Partners, DFJ and Western Technology Investment.

The company has now raised a total of $62 million.

Komli offers an integrated platform for display, mobile, video, and social advertising. The company says it has relationships with over 5,000 publishers, including exclusive ones with Facebook and MSN in ‘key’ markets.

Founded in October 2006, Komli says it now reaches over 270 million users and serves over 38 billion monthly impressions monthly, and that it actively services more than 1,000 advertisers across the APAC region.

Earlier this year, the company acquired Admax Network, South East Asia’s largest digital media network.

Its customers include Unilever, P&G, Citibank, Intel and Samsung.

Headquartered in Mumbai, Komli Media has over 400 employees across 18 offices in India, Australia, New Zealand, Southeast Asia, Middle East, Hong Kong, North America and the United Kingdom.