Last updated 2026-06-18
- Acquired by Nostromo Energy, Aug 2020
- Raised $600k funding round, Aug 2010
- Raised $700k funding round, Aug 2009
Total raised
$21.3M
Last: 2010-08
Stage
Acquired
Founded
2009
Headcount
33
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Somoto offers solutions for developers, publishers, and advertisers for the distribution and monetization of software worldwide. The company provides its products and services through its installation management system for PCs and Macs and on a designated homepage personalized for the user's profile. It also provides online video advertising services for mobile devices and PCs, rents out online advertising space, and distributes software.
Funding history · 2 rounds · $21.3M total
2010-08
2009-08
$700K
Q&A
- What is Somoto's primary business?
- Somoto specializes in software monetization and distribution, offering solutions for developers, publishers, and advertisers globally. This includes an installation management system for PCs and Macs, personalized homepages, online video advertising services, and online advertising space rental.
- When was Somoto founded?
- Somoto was founded in February 2009.
- What is Somoto's current status?
- Somoto is currently active but was acquired by Nostromo Energy in August 2020.
- What is Somoto's primary sector?
- Somoto's primary sector is Business Software.
- What was Somoto's total funding raised?
- Somoto raised a total of $21,300,000.
- When was Somoto's last funding round and who were the investors?
- Somoto's last funding round was in August 2010, with investment from Ratio Technologies.
- Where is Somoto's headquarters located?
- Somoto's headquarters is located in Tel Aviv-Yafo, Israel.
Team · 1
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing SolutionsAdvertising Platforms
Technologies
Platforms & Interfaces
Target customers
Media & EntertainmentContent ProductionEnterprise & Professional ServicesSMBs & SMEsSoftware DevelopmentCommerce & Retail
Business model
B2B
Tags
publishersreal-time-biddingcampaign-optimizationmarketingnetwork-optimizationcloud-basedmonetizationsoftware-developersadvertisingvideo-advertisingmedia-buyingmobile-advertisingadvertisersdeveloperstargeting
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/2376711 | |
| facebook.com/Somoto-Online-Innovation-524317167929584 |
Identifiers & details
| Founded | 2009-2 |
|---|---|
| Employees (exact) | 33 |
| Status reason | Acquired (Inactive) by Nostromo Energy on Aug 2020 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Nostromo Energy 2020-08
Radar intelligence
Patents
| EPO | 6 |
|---|
Publications (Crossref)
| Works | 2 |
|---|