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Local Mobile Advertising Network XAD Land of dollars in funding for the development of capital

San Francisco, CA (openPR) 13 October 2010

XAD today announced a financing round of expansion capital, the emergence Capital Partners, a leading company known for its investments in market-leading brands such as Salesforce.com, aQuantive and Doubleclick. The already profitable local mobile network will use the additional capital to develop its technology platform through its management team and increase their presence in the local mobile advertising.

local U.S. mobile advertising market is estimated at 3M, and B should exceed 0025-2014, according to the Kelsey Group. Almost half of all revenue for mobile advertising is expected to come from the region. In contrast to the in-App and mobile display, mobile local advertising has yet to clear? Out of the market virtually untapped.

â? Our data show that mobile advertising has more value and stock if the performance of the position to be a connection? Said Mike Boland, an analyst with Kelsey Group, or BIA. â? XAD is ahead of the curve in building a unique network of local advertising, where the user intent and increase ad relevance situation clearly performance.â ????

XAD team has developed a variety of mobile search algorithms, and has the knowledge, applied to successfully use the potential of local mobile market. The company’s articles of association? S patent-pending technology, mobile optimization identifies who, what and where the end user, and is the most important advertising on the basis of this information. XADA benefits publishers and advertisers? s platform, which already is based, the largest combined network of more than one million local and national advertisers on performance.


Under the funding cycle is

Jason Green, a partner in the development of capital, combining the company’s articles of association? Board of Directors. â? We waited for the opportunity behind a leader in local mobile advertising invest, the fastest growing segment of digital media today, and we found it with XAD, â? Green said.

XAD already profitable and is growing at a rate of 20 percent per month, this investment will be used to develop its technology platform.

â? XAD has a successful business through increased revenue for the local mobile applications that the industry is used to build. Emergence Capital offers a unique experience to our business with repeat success in advertising technology, which makes it the ideal partner for us, a? States Dipanshu â? Da? Sharma, founder and CEO of XAD.


About

XAD, Inc.

XAD connects local businesses to mobile consumers. XAD is the largest local search and mobile advertising network in the United States. The company’s articles of association? Patented technology, mobile optimization identifies who, what, and where an end user, and click is the most important, call and check-in advertising. XAD team has many years experience in the development of mobile search algorithms, this knowledge and has successfully applied to exploit the potential of local mobile market. XAD publishers and advertisers benefit from the size and scope of the platform that manages billions LocalAdXchangeTM research and application for admission with the largest combined network of more than one million local and national advertisers based on performance. For more information visit XAD www.xAD.com.

About Capital formation

Emergence Capital Partners, in San Mateo, California, is the venture capital firm on the way to early and growth stage technology-enabled (a focused? ????) TESA companies, including in SaaS, Digital Media, a cloud computing and information services. Its mission is to educate it, the market leaders in innovative partnership with great entrepreneurs.

Emergence funded partners and have helped more than 35 TES companies, more than any other company can start another. Emergence Capital has assets of over 5 million under management. Emergence partners were early investors in Salesforce.com and other leading companies like SuccessFactors, HireRight (IPO, merged with USIS), aQuantive (IPO, acquired by Microsoft), DoubleClick (IPO, acquired by Google), Ask Jeeves (IPO, acquired by IAC ) and WebTV (acquired by Microsoft). By working closely with Salesforce.com and other SaaS leaders is Emergence Capital Partners work to accelerate the movement of all software for on-demand model and is committed to a new approach to venture capital investment. For any further information about the origin of capital, www.emcap.com.

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