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Video - Monday, February 4, 2008

Angels Back Mobile Video Ad's Nexage

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Fremont, CA-based Nexage has raised another $500K from angels, which it says brings its total funding to $2.5M. The firm says it now has more than 10 customers.

Going with a white label approach to mobile video and advertising, The Nexage platform inserts text, banner, and video ads for mobile video and live TV programming. The startup has integrated with mobile ad networks such as Millennial Media, AOLs Third Screen Media, Nokia Ad Services, Admob, and various other video Ad providers.

In addition to its mobile video and social networking offer, Nexage has launched a mobile video destination site at MyCorner.

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