Mobile Publishing Company Verve Wireless Raises $7 Million
Verve Wireless is a mobile startup company that serves as an advertising platform for local media companies. Verve has raised $7 million in a funding round led by BlueRun Ventures.
Verve Connect works with about 750 customers and includes publishers such as Associated Press and Belo Interactive. Verve reported 14 million users and 150 million mobile web pages in July. So far the company has served over a billion mobile ad impressions. Verve plans to use the funding to expand publishing and advertising services.
Verve has raised a total of $9.5 million total. The Associated Press also participated in this round and the previous round.@amitchowdhry or on Google+ at +AmitChowdhry