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Adelphic Mobile Lands $10 Million New Venture Capital

Wednesday, December 5, 2012 5:36:00 AM PDT | VentureDeal
   Lexington, Massachusetts  --  Mobile media technology company Adelphic Mobile has garnered $10 million in venture capital and strategic investment.

Adelphic is developing a Predictive Data Platform that enables the more efficient buying and selling of targeted mobile media.

Google Ventures led the round, which also included existing investor Matrix Partners.

Rich Miner from Google Ventures and Antonio Rodriguez from Matrix Partners are company board members.

The company said that the new funds would be used to accelerate product development and scale the company.

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