Cobiro completes a $3.7M capital round.

Cobiro, a Copenhagen, Denmark-based company providing digital solutions for the media agencies, completed a DKK 25M ($3.7M) capital investment round.

The investment round values the company at DKK 350M ($52M).

Cobiro, founded in 2016 by CEO Bo Krogsgaard and Anders Ibsen, is using automation and AI technology for helping media companies optimize advertising campaigns on Google, adjusting and improving in real-time.

Prior to this round, Cobiro raised more than $6M from outside investors.