MobGold is a mobile advertising and mobile transactions company.  MobGold is based in China and the company has raised $12 million in Series B funding.  The funding was provided by Fast Global Investments.

“MobGold has made huge strides over the past year to solidify its position as a leading mobile advertising company,” stated MobGold President and CEO Alan Chang in a press release. “Fast Global Investments’ venture in MobGold is strategically significant for the industry at large, and it validates the efforts we’ve made to make MobGold the thriving company it is today.”