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Fidelity Growth Partners Japan leads $10.6m Metaps Series B

6 Mar 2013

AndroidFidelity Growth Partners Japan has led a JPY1bn ($10.6m) Series B financing for Android app monetisation platform Metaps.

The investment comes 12 months after Metaps completed its $5.5m Series A round through a $1.3m investment from Mitsui Sumitomo Insurance Venture Capital and Sansei Capital.

Metaps said at the time it aimed to become the top app monetiser in the Asian market in 2012, but now says it hopes to become the largest Android app monetiser in the world by the end of the year.

Apps using the Metaps platform achieved 62 million downloads last year, making it the largest network in Asia.

The company had previously raised $4.2m at the end of December 2011.

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