Social ad company Nanigans just raised $24 million in a Series B round led by Chinese software company Cheetah Mobile. “A good portion of the money, is earmarked to bring the Nanigans vision of
100% software-as-a-service to fruition,” AdExchanger reports. “The social and mobile ad company, which claims to handle around $500 million in annual ad spend through its automated
advertising software, has been transforming itself into a dedicated SaaS player.”
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