What is InMobi?
Founded in 2007, InMobi has evolved into one of the largest platforms for advertisers and publishers to engage with consumers on mobile devices. The company's core business revolves around high-performance mobile advertising, which has been significantly bolstered by the 2019 launch of Glance. Glance represents a paradigm shift in content discovery, transforming the lock screen into a dynamic surface for entertainment, shopping, and information. By converging AI, advertising, and consumer entertainment, InMobi is effectively pioneering the Surface Economy, a new digital frontier that prioritizes seamless, intent-driven user experiences on a mass scale.
How much funding has InMobi raised?
InMobi has raised a total of $420.6M across 7 funding rounds:
Angel/Seed
$500K
Series A
$7.1M
Series B
$8M
Series C
$200M
Private Equity
$5M
Debt
$100M
Debt
$100M
Angel/Seed (2006): $500K with participation from Mumbai Angels
Series A (2007): $7.1M led by Sherpalo and Kleiner Perkins Caufield & Byers
Series B (2010): $8M supported by Sherpalo and Kleiner Perkins Caufield & Byers
Series C (2011): $200M featuring Softbank Corporation
Private Equity (2014): $5M backed by SoftBank
Debt (2015): $100M with participation from Tennenbaum Capital Partners
Debt (2024): $100M led by Mars Growth Capital
Key Investors in InMobi
Softbank Corporation
A global technology holding company that drives innovation across AI, robotics, and internet services, providing strategic capital to scale transformative businesses.
Kleiner Perkins Caufield & Byers
A premier Menlo Park-based venture capital firm that supports early and growth-stage technology companies with deep operational expertise and capital.
Sherpalo
An early-stage investment firm focused on collaborating with visionary founders to build transformative companies in AI, enterprise, and consumer internet sectors.
What's next for InMobi?
Looking ahead, InMobi is poised to capitalize on the convergence of AI and mobile engagement. The recent capital injection will likely be deployed to enhance the technological capabilities of the Glance platform and expand its footprint in key international markets. As the company continues to refine its advertising algorithms and content delivery systems, it remains focused on creating a unified ecosystem where shopping, entertainment, and information coexist. This strategic focus on the Surface Economy positions InMobi to maintain its competitive edge, ensuring that it remains a critical partner for brands seeking to reach consumers in an increasingly fragmented digital environment.
See full InMobi company page
