Arab mobile advertising startup Noqoush raises first round of funding of 3 Million USD

18 Aug, 2011

Amman, Jordan based Noqoush Mobile Media Group, the Arab company specialized in mobile advertising and mobile media monetization, reported that it has closed first 3 million US dollar investment round.

In a press release the company stated that a group of Arab and Foreign angel investors lead the round but did not disclose who ( we will try to get their names.)

The company said that the round will be used to help Noqoush with developing its mobile advertising technology “AdFalcon”, what it describes “the region’s first specialized advertising platform developed to link mobile applications developers, mobile website owners with advertisers to provide them with the a chance to achieve financial returns.” Something that sounds similar to US based Admob which was founded by Syrian entrepreneur Omar Hamoui and was acquired by Google in 2009 for 750 million dollars.
We have little information about Noqoush, it said in the press release that it was founded in 2010. A linkedin profile for Mahmoud Iswaid from Jordan stats that he is a cofounder in the company, he previously worked with Yahoo and Maktoob before its acquisition by Yahoo. We will try to get more information and update you here.

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  1. Mohammed jebrini  |  August 18th, 2011 at 11:09 PM #

    Good Luck!

  2. Noqoush launches the 1st Mobile Advertising Network in the Arab region - ArabCrunch  |  October 9th, 2011 at 2:13 PM #

    [...] Network in the Arab region 9 Oct, 2011 Noqoush a Jordanian mobile advertising startup which announced in August that it raised 3 million USD in funding, has announced today launching its mobile advertising network for the Arab region called [...]

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