Nanigans Closes $24M Funding Round

Nanigans, a Facebook Marketing Partner, announced Wednesday morning that it closed a $24 million series-B financing round.

NanigansLogoBannerNanigans, a Facebook Marketing Partner, announced Wednesday morning that it closed a $24 million series-B financing round.

The provider of social and mobile advertising software and ad-automation software said the funding round was led by Cheetah Mobile, with participation by existing investor Avalon Ventures and newcomer Wellington Management.

Nanigans, which is also a Facebook Exchange partner, said the funds will go toward expanding its social and mobile publisher channels and expanding international growth, and co-founder and CEO Ric Calvillo added in a release announcing the funding:

We’ve spent five years developing our advertising-automation software, and for good reason.

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