Aquto raises $8M

What does Aquto do?

Aquto, is a cloud based service which is the first solution which providers customers more mobile internet data in exchange for engaging with brands. It enables operators in monetizing their mobile cellular internet data connectivity in a value exchange which provides customers access to more mobile data and marketers a unique rewarding way for engaging customers. The company is a leader in sponsored data monetization. It works with some of the largest carriers in the world, including AT&T, Verizon, Vodafone and wiht some of the largest publishers and advertisers incluing hotels.com, pandora, zeptolab, rovio, hersheys etc.

How much Aquto was funded?

Aquto raised $8M on October 7, 2015 in Series B from the investors North Bridge Venture Partners & Growth Equity, STC Ventures, Matrix Partners and Iris Capital.

Previous funding

• $8M in Series A on March 1, 2012 from the investors North Bridge Venture Partners & Growth Equity and Matrix Partners

What is next for Aquto?

Aquto plans to use the latest funding raised for expanding its global footprint, making the mobile data accessible to customers globally. The company is excited to have partnered with investors who have global experience and unique capabilities which will accelerate the company’s growth. The new capital provides the company the flexibility to forge collaborations and partnerships with brands, operators and app developrs who will help shape the future of the mobile experience.

More about Aquto

Aquto was founded on February 1, 2012 by Nicolas Girard, Susie Kim Riley and Scott Klein. It has its headquarters in Boston, MA. The company is a pioneer in spnsored data and data rewards with tier one operator deployments in Europe, USA and Asia. The company provides an easy way for app developers, marketers and advertisers to engage with users over mobile through zero rated apps and content and data rewards and a new method for operators in monetizing their network assets and data.