Stochasto Funds Briabe Media

  • April 19, 2011
Briabe Media, a Los Angeles-based mobile marketing agency targeting Hispanics, African-Americans and Asian-Americans, said it raised over $2 million in funding from Stochasto Holdings AS, a Norwegian mobile technology investment firm, with which it has now formed a joint venture. Briabe Media's clients include Ford, Amtrak, American Airlines, Verizon, Colgate and The U.S. Marines. Briggs said new offerings will come in the areas of mobile CRM, location-based services and live event SMS messaging campaigns. --Les Luchter

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