FinTechFunding

DanAds: Raises $5M in Funding

  • DanAds, a Stockholm, Sweden-based provider of self-serve advertising technology solutions, raised $5M in funding
  • The company, which is now valued at $44M, intends to use the funds to continue to expand operations and its business reach globally
  • DanAds provides self-serve advertising infrastructure, supplying publishers with white-labelled, customizable, and scalable self-serve platforms
  • The company supplies a closed ecosystem in which all operations and data are controlled by the publisher
  • DanAds currently employs 25 full-time staff at its headquarters in Stockholm as well as more than 70 consultants worldwide
  • DanAds has also announced Anders Borg, former Swedish Minister for Finance, as the Chairman of the Board
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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