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.