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Noqoush concludes $3 m investment round.

Noqoush Mobile Media Group, one of the leading Arab companies specialized in mobile advertising and mobile media monetisation, has concluded its first $3 million investment round.

The company stated that a group of Arab and Foreign angel investors invested in its technical capabilities and future visions aiming at developing a full-fledged mobile advertising platform and mobile media monetisation solutions targeting the massive mobile growth in the Middle East.

The investment round aims at providing the needed liquidity to enhance the company's capabilities, boost its growth, and attract the required competences to meet the increasing demand on its mobile media solutions.

The investment will help Noqoush with developing its mobile advertising technology "AdFalcon", the region's first specialised advertising platform developed to link mobile applications developers, mobile website owners with advertisers to provide them with the a superior chance to achieve financial returns for the first time in the Middle East. -- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Aug 18, 2011
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