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Advertising - Friday, May 4, 2007

Quattro Wireless Gains Funding For Mobile Ads Marketplace

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To some extent Quattro Wireless will compete with other online ad exchanges like AdMob. However, the Waltham, MA-based startup has gone a step further by developing software that will do the conversion for publishers of their Web content to fit into the confines of the mobile phone.

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This fall, the company says it will launch GetMobile.com, which will be able to take any website and find a way to squish it onto a cellphone screen without stripping content. On the publisher sales side, the company launched a mobile portal for Univision Móvil, featuring breaking news, music, horoscopes, and entertainment on a simple mobile website. And on the advertiser sales side, the company has developed a mobile ad campaign for Procter & Gamble's CoverGirl cosmetics line that allows teenagers to find makeup that matches their skin tone and fashion choices.

Quattro just raised $6M in Series A funding from Highland Capital Partners. The startup is run by former m-Qube executives (CEO Andrew Miller was previously SVP for BD at m-Qube and CTO Eswar Priyadarshan was formerly an m-Qube executive). m-Qube is a mobile content company that was sold to VeriSign last year for $250M.

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