Affise raised $8M in a round led by Leta Capital with the participation of TMT Investments.

Affise, a Vilnius, Lithuania-based online marketing SAAS developer, announced the completion of a $8 million capital funding round.

The money was raised from investors led by Russia-based Leta Capital and included contributions from TMT Investments.

Proceeds will be used to expand the company's product suite to increase its presence in North America, LatAm, and SEA

Affise, founded in 2016 by CEO Stanislau Litvinau and Dmitri Zotov, developed a marketing platform for building business partnerships. The platform helps brands, advertisers, and agencies automate and manage their partner relations by having an integrated access to performance marketing channels such as traditional affiliates, influencers, networks, and agencies.

The company has 120 employees located in offices from Lithuania, Israel, India, China, Belarus, and Cyprus, and plans to increase its presence in North America by establishing an office in the USA.