Medialets, the advertising network for mobile applications has got a boon today as it raised $4 million in its Series A round of funding. The company has grown with the App Store as it launched just a month before. The funding came from Bobby Yazdani, a Google investor and DFJ Gotham and led by the Foundry Group. It has definitely harvested immense success with the iPhone and the iPod Touch and it’s just the beginning as plans are under way to support other mobile devices like BlackBerry, Symbian and Windows Mobile.
