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Advertising network AdDuplex raises $500,000 in capital for Windows Phone developers

AdDuplex

Advertising network AdDuplex has raised $500,000 in capital to help Windows Phone developers succeed. Supporting both Windows and Windows Phone Store apps, it's an important tool that's utilised by numerous developers. With more than 3,000 apps using the network, there's definitely scope for the company to expand and help out more developers.

Here's what AdDuplex CEO, Alan Mendelevich had to say on the announcement:

"We have grown AdDuplex organically for more than two years and now it is time to take it to the next level. It is a great pleasure to have Practica Capital on board, helping us achieve our goal of empowering developers on Windows Phone and Windows platforms to succeed."

So what's the capital going to be used for? AdDuplex plans to utilise the funding to accelerate growth by introducing new opportunities in its network and developing new products. Be sure to check out the official website for more information.

Source: AdDuplex

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Reader comments

Advertising network AdDuplex raises $500,000 in capital for Windows Phone developers

11 Comments

In the last podcast Alan mentioned that AdDuplex is not primarily for monetization it is for app exsposure so it wouldn't be an alternative to AdSense.

Congrats to Alan and the AdDuplex team, I listen to his AppBizDev podcast, good stuff for WP8/Win8 developers.

Yes, good podcast. And if you're not a listener, and you live in Lithuania he's looking for a developer to hire.

It's an Ad Excange for WP and W8 (4 lines of text); you install SDK and you display ads of others on your app in exchange of your ads being posted. 80% of display generated are for your needs, he keeps 20% for reselling to his customers.