Above: Komli CEO Prashant Mehta. Below: Founder Amar Goel.

Komli Media, a media technology platform, has raised $39 million venture capital, led by Norwest Venture Partners, with participation from Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson and Western Technology Investment. The company has now raised a total of $62 million. The funds will be used to invest in the company’s core media technology platforms and to expand its presence across the Asia Pacific region.

“We see significant long-term opportunity in bringing an integrated platform solution to the market. This financing will allow us to materially scale our platform and operations by investing in our Real-Time Bidding, data, analytics and retargeting solutions to improve return on investment for advertisers and yield for publishers,” said Prashant Mehta, CEO of Komli Media. “Our industry leading solutions will allow us to deepen our presence and engagement with customers and publisher partners across APAC.”

The graphical (display, mobile, video and social) digital market continues to grow rapidly in a very fragmented manner across the APAC region, the company pointed out. For advertisers, agencies and publishers Komli is the one company that can deliver an integrated platform across graphical media, making it easier for them to achieve their core objectives, the company said.

“We are very pleased with the exceptional work done by Komli Media's leadership team in driving growth and establishing the company as the leader across APAC. With early investments in superior talent and its innovative platforms, the company is well positioned to capture a much larger share of digital media within some of the fastest growing markets in the world,” said Niren Shah, managing director of Norwest Venture Partners.

Komli Media has grown 150 percent annually since 2009. Today, the company has over 5,000 publishers including exclusive relationships with Facebook and MSN in key markets. It reaches over 270 million users monthly and actively services more than 1,000 advertisers across the region. Komli Media serves over 38 billion monthly impressions, up from 10 billion 12 months ago. Customers include: Unilever, P&G, Citibank, Intel and Samsung.