Tuesday, 9 April 2013

WPP joins third funding round for Leading Smart

WPP joins third funding round for Leading Smart:
WPP joins third funding round for Leading Smart



Louise Duffy | 09-04-2013

WPP Digital, the digital investment arm of WPP, has participated in a third round of financing in relation to its minority investment in Leading Smart Holdings.

Leading Smart has a controlling interest in the parent company of Miaozhen Systems, the digital advertising measurement company with expertise in managing big data in China.

WPP has invested in a series C preferred share round in Leading Smart alongside CBC, KPCB (Kleiner Perkins Caufield & Byers) and Redpoint Ventures.

This investment continues WPP’s strategy of developing its services in fast-growing and important markets and sectors. Greater China is one of the fastest growth markets for the company, and is currently WPP’s third largest market with revenues of US$1.3 billion in 2012, including associates.




http://www.satsupreme.com/showthread.php/253946-WPP-joins-third-funding-round-for-Leading-Smart?goto=newpost via SatSupreme.com - Satellite TV - Daily Satellite TV News

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