Digital Journal today announced that native ad serving platform, Nativo, has raised a $20 million Series B round led by Advanced Vixeid Partners, RezVen Partners and existing investors. The funds will be used to scale operations, expand its international footprint and continue to build its platform solutions. Nativo has previously raised $11.2 million.
According to the publication, “native advertising spend is projected to grow to $21 billion by 2018, and native ads are outperforming display in traditional as well as engagement-based metrics.”
To read the full article, visit Digital Journal.