Moburst, a mobile marketing agency, has raised $11.8 million in a funding round, according to a company announcement. The investment was led by [investor name not verified], with participation from existing investors.
The funds will be used to expand Moburst's service offerings and invest in technology, including AI-driven marketing tools. The company plans to hire additional staff and open new offices.
Moburst works with clients such as Google, Wix, and Fiverr, providing mobile marketing strategies, app store optimization, and user acquisition services. The agency has grown rapidly since its founding in 2015.
This funding round reflects the increasing demand for specialized mobile marketing services as businesses focus on app-based customer engagement.
