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Iris Capital invests in Aquto

October 07, 2015

Boston - October 7, 2015 – Aquto, a leader in sponsored data monetization, today announced the close of an $8 million Series B funding round led by Iris Capital. The round also included participation from STC Ventures and existing investors Matrix Partners and Northbridge Venture Partners.
The company has raised over $16 million to date. Aquto plans to use the funding to expand its global footprint, making mobile data accessible for consumers around the world.
“As we move into the next phase of our business, we are excited to partner with investors that have global experience and unique capabilities that will accelerate our growth,” said Susie Riley, Aquto CEO. “The new capital gives us fuel and flexibility to forge partnerships and collaborations with operators, brands and app developers who will help shape the future of the mobile experience.”