26 March 2009
Admob, the mobile advertising company has raised $15.7 million in third round of funding and claims it is now cash-flow positive. The funding was led by Sequoia Capitals Growth Fund and included Accel Partners. Sequoia also led the first $4 million round of funding and Accel led the company's second round of $15 million. AdMob has now raised a total of $34.7 million in three rounds in over just two years