Adomni, Inc. announced that it has received $2 million in funding from Kubient, Inc.
May 23, 2023
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Adomni, Inc. announced a placement of a secured promissory note at an issue price of $2,000,000 for gross proceeds of $2,000,000 on May 24, 2023. The transaction included participation from new investor, Kubient, Inc. The note offers interest at 7% per annum. The note is due under the upon written demand by the company upon the later to occur of May 24, 2026 and any date which is 91 days following the repayment by the company of all amounts due and payable under its senior secured notes.
Kubient, Inc. is a technology company. The Company provides Audience Marketplace, a cloud-based software platform for real-time trading of digital, programmatic advertising. Its platform enables advertisers and publishers to transact directly with each other on an open, end-to-end real-time bidding platform for programmatic digital advertising. Its advertising inventory on its platform is available in any channel: desktop, mobile, digital out-of-home, and connected devices; and in any format: video, display, audio, and native. Its fully integrated audience platform provides a fraud-minimized, transparent, independent advertising marketplace that facilitates intelligent decision-making, and automated transaction execution for the programmatic advertising industry. Its platform offers a machine learning fraud prevention solution, extremely low latency times and an audience management platform, which provides omni-channel access into all advertising channels, inventory and ad formats.