Exaget Secures €700,000 Investment

Exaget adExaget, which provides technology to enable radio broadcasters to monetize their apps through mobile advertising, has secured a €700,000 (£527,000) investment from a combination of Finnish, Asian and UK investors, including UK angels and Finnish venture capital firms Finnvera and Gorilla Ventures. The company has also signed up a number of new broadcast clients to its ActiveRadio network, including UKRD, French Radio London, RockSport Radio, AWAZ FM and ZoneOne Radio.

Following the investment, Hannu Jungman from Finnvera and Martin Stringfellow from Indigo Capital, have joined the Exaget board.