OrbitalAds added investment from Ethos AI.
OrbitalAds, a Madrid, Spain-based developer of software solutions for the advertising industry, announced completing a capital raise.
Funding was provided by new and existing investors, including Ethos Angel Investment and Wayra, and will be used to accelerate the growth of the company.
OrbitalAds, founded in 2016 by Gabriel Madruga and Bill Murphy, developed an AI-based semantic engine for the advertising market, as its software helps automating and optimizing the performance of Google Ads campaigns.
In total, OrbitalAds has raised € 1.5M since its foundation.
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