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From the Boston Globe Business Team

Quattro lands $12.3m in funding

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September 5, 2007 08:09 AM

Quattro Wireless, a Waltham company focused on mobile marketing, said today that it has secured $12.3 million in Series B Funding.

According to a Globe story from May, Quattro is working to develop an all-in-one solution that will help publishers of all sizes create content-rich, ad-infused mobile websites that consumers can visit from their cellphones.

Quattro Wireless said today that its Series B funding round was led by Globespan Capital Partners, a venture capital firm with offices in Boston, Palo Alto, and Tokyo; the Series B round brings the company's total venture investment to $18 million, following a Series A round led by Highland Capital Partners, an investment firm with offices in Lexington and California.

Quattro Wireless said the Series B funds will be used to launch its GetMobile platform, a self-service solution that enables advertisers and publishers to build, monetize, and measure their mobile presence through the company's proprietary technology, exclusive inventory, and reporting capabilities.

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