SOFTBANK invests $200 million in InMobi, A global Mobile Advertising Network
The world’s largest independent global mobile ad network InMobi, and SOFTBANK Corp, completed a $200 million investment. In a recent press briefing made available to us by Africa Practice, the funding will take place in two trenches of $100 million in September 2011 followed by an equivalent trench in April 2012. Softbank joins existing investors…