A new auction house, this one for mobile ads
MoPub, a mobile advertising startup founded by former Google and AdMob employees, today is launching a Nasdaq-type exchange where buyers and sellers can bid in real-time for ad space on smartphones and tablets.
The San Francisco-based company, which in July scored $6.5 million in funding, is one of several firms trying to capture the swelling mobile advertising market, which is on track to double this year to $3.3. billion worldwide, according the Gartner research.
CEO and co-founder Jim Payne says that among several players, including Google, MoPub is the first to offer a self-service system--he calls it a &… Read more