Mobile ad network Adfonic has launched local operations in San Francisco, to complement its US East Coast presence in New York, and Singapore. Based in Singapore, Kartik Ram has been appointed as general manager Asia Pacific, with overall responsibility for fourteen markets across the region.
“The last 12 months have seen demand for our mobile advertising services grow significantly and that has fuelled a ten-fold growth in our revenues,” says Victor Malachard, CEO, Adfonic. “The time is now right to invest in new offices for regions where the mobile advertising market has matured and where we need to support large brand, agency and publisher customers.” 
This expansion follows Adfonics reception of an additional $7.5m of investment last year, to support the companys continued growth in North America, Europe and Asia-Pacific.
