Sector:
Date: 
Friday, March 9, 2012
Source: 
MADRID EMPRENDE
This expansion is a sign of InMobi’s commitment to the Spanish market, and follows the opening of its Paris office last year, demonstrating its readiness to capitalise on opportunities across Southern Europe as a whole.

InMobi, the world’s largest independent mobile advertising network announces its expansion to the Spanish market, with the opening of an office in Madrid and appointment of Miguel Melgarejo as Sales Manager. The move comes following strong growth in smartphone usage in the Spanish market, and the company’s plan to expand its footprint in Europe. 

 
Spain currently accounts for 5.3 billion advertising impressions in InMobi’s mobile advertising network, which has a global figure of 93.4 billion global mobile advertising impressions a month. In the last three months, InMobi has seen the Spanish market grow by 66% in mobile impressions, with Android being the dominant Operating System (OS), accounting for 49.3% of OS share of impressions. This growth in mobile impressions and smartphones has led InMobi to respond to the market growth with the appointment of Melgarejo to lead the charge and grow the InMobi into Spain’s largest mobile ad network. 
 
Miguel Melgarejo, Sales Manager of Spain at InMobi comments: “There are over 14 million smartphones in Spain and this number is growing every day as feature phones are phased out. We see a major opportunity in Spain to become the market leader in mobile advertising, and we will be looking to work closely with premium content publishers and advertisers to achieve our ambitious goals. 
 
“We’re bringing a compelling proposition to Spanish advertisers, with the unparalleled scale and reach of our global network combined with the creative opportunities offered by HTML5 rich media campaigns. I am confident that our offering is a great fit for the Spanish market and will provide exciting new opportunities for advertisers to reach their target audience with engaging mobile content.”  
 
InMobi is the largest independent mobile advertising network. With offices on five continents InMobi provides advertisers, publishers and developers with a uniquely global solution for advertising. The network is growing and now delivers the unprecedented ability to reach 485 million consumers, in over 165 countries, through more than 93.4 Billion mobile ad impressions monthly. The recent acquisition of Sprout, a leading HTML5 authoring platform for mobile rich media, helps expand the InMobi offering to creative agencies and brands. 
 
InMobi is venture-backed by investors including: SoftBank, Kleiner Perkins Caufield & Byers and Sherpalo Ventures. The company has offices in Bangalore, Johannesburg, London, Nairobi, New York, Paris, San Francisco, Seoul, Singapore and Tokyo.