Pacific Venture, Dream Capital Lead $30M Series C For Adsame

Shanghai-based Chinese intelligent digital marketing service Adsame Networks Technology Inc. says it has received US$30 million series C financing led by Pacific Venture Partners and Dream Capital Group, according to a company announcement.

Existing investors including Matrix Partners and Vertex Ventures also participated.

Adsame says it will use the proceeds on expanding its digital marketing products, developing marketing technologies on wearable technologies, establish cross-sector "big data" centers, among other new initiatives.

The company says that it also plans to launch a U.S. IPO in 2015.

Founded in 2009, Adsame provides intelligent digital marketing, driven ad serving and data analysis technology in China.

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