Adaptive Medias, Inc. (ADTM) Strengthens Capital Structure with $1.25 Million Private Placement
Adaptive Medias, a leader in programmatic advertising across mobile, video and online display, recently secured approximately $1.25 million of working capital with which to ramp-up its sales and marketing team and bolster the market presence of its innovative Media Graph ad tech platform. The funding, which was the result of a private placement of the company’s convertible stocks and warrants, is expected to play an instrumental role in its efforts to promote sustainable growth in the competitive ad tech industry moving forward. “This transaction represents a significant vote of confidence in Adaptive Medias, our management team and the ongoing successful…