Geomarketing ad platform xAd takes $50M to get huge Ruth Reader,...

Geomarketing ad platform xAd takes $50M to get huge

Ruth Reader, venturebeat.com

xAd announced a $50 million raise for its mobile geomarketing platform today, but the company says it doesn’t even need the money; it’s building its business on profit alone.

The funding may be yet another sign that growth funds are looking to g…