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Deal Alert: Inventus Capital invests in search marketing tech firm Sokrati

Edited excerpts from the Press Release : Sokrati, an US- and India-based Digital Marketing Technology Platform founded built by three ex-Amazon executives, has raised Series A funding from Inventus Capital Partners. John Dougery and Samir Kumar of Inventus will join the Sokrati board. The funds will be utilized to Sokrati's reach internationally and build a unified, scalable and intelligent Online Marketing platform for Advertisers and Agencies alike. "The funds will be utilized to expand our reach internationally and build a unified, scalable & intelligent Online Marketing platform for Advertisers & Agencies alike", said Ashish Mehta, CEO of Sokrati. Sokrati was boot-strapped in January 2009 and over time, has built an automated Search Marketing technology. It delivers & optimizes over 15 million Impressions per day within the Paid Search Marketing channel. Its advertisers range across e-Commerce, Travel and Classifieds space. Th...