Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, July 23 2019 - 12:00
AsiaNet
ConsoliAds announces launch of "Publisher Day" after recent closure of $1M investment deal
SINGAPORE, July 23, 2019 /PRNewswire-AsiaNet/ --

ConsoliAds, an intelligent, digital advertisement optimization platform that 
recently closed a USD 1 Million Series A investment deal led by 47 Ventures 
Investments, a Pakistan focused, international venture capital fund, has 
announced 'Publisher Day'.

Photo - https://photos.prnasia.com/prnh/20190722/2530647-1  

In lieu of its expansion, ConsoliAds has organized knowledge intensive sessions 
on Aug. 1, 2019 at the 'ConsoliAds Publisher Day' – a high end networking event 
which will gather games and apps publishers under one roof from across 
Pakistan. APAC's fast growing ad platform plans to organize such events on a 
global level in future as well.

ConsoliAds' rapidly growing digital and mobile ad mediation platform has 
already arbitrated billions of ad impressions last quarter to ensure improved 
revenues for APAC region publishers and offer a more efficient promotion 
platform to developers of mobile applications, games and digital content in the 
region.

The new investment has allowed ConsoliAds to further strengthen its leadership 
position in the APAC market as well as allow the company to expand into other 
regions as well. The capital spend on its internal R&D will also increase for 
augmenting its automated ad mediation technology through use of machine 
learning.

"The partners at 47 Ventures Investments have a deep expertise in the 
digital/mobile ad tech space and we are excited to have them on board as we 
move towards global expansion," said Asad Mahmood, CEO ConsoliAds.

About ConsoliAds

ConsoliAds Pte Ltd. is an online ad mediation and digital content promotion 
platform service provider headquartered in Singapore and with development 
operations in Pakistan. The company has regional offices in Dubai as well.

The company offers apps/games/digital content publishers a complete online ad 
management solution to boost their revenues and promote their digital content 
and assets efficiently.

ConsoliAds was founded by three gaming industry veterans, Asad Mahmood, Usman 
Sheikh and Raheel Iqbal, with decades of combined experience in the mobile and 
apps development space as well as the ad tech industry. More at: 
http://consoliads.com 

About 47 Ventures Investments

47 Ventures Investments is a leading international venture capital fund that 
primarily invests in Pakistan based or Pakistan origin high growth potential 
businesses that leverage technology for rapid scaling. ConsoliAds is the fifth 
investment of the fund in the region. More at: http://47.ventures



Source: ConsoliAds
Caption: ConsoliAds
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