Nexage raises $10M in series B to expand its mobile ad exchange

Mobile advertising company Nexage announced today it has raised a $10 million round of Series B funding.

The company brokers mobile advertising deals through its Nexage Exchange, a service that allows publishers to sell inventory to potential advertisers using real-time bidding. The company also offers a private exchange service for “premium” publishers and buyers.

Nexage is one of several smaller mobile advertising companies differentiating itself by offering an alternative to traditional mobile advertising networks like Millennial Media, InMobi and Google’s AdMob.

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