Adstage, the cross-network platform for advertising launched at the LAUNCH Festival 2013. had announced receipt of additional funding from the LAUNCH Fund. 

Furthermore, the company had introduced two strategic hires from the team at Google AdWords as well as the announcement for the introduction of the first AdWords reporting app, Semply.

The funds received amounted to US$100,000 in seed funding from the LAUNCH Fund. To date, the company has raised US$1.53million in total funding. The raised capital would provide funding for the development of advanced features, team expansion as well as better access to the marketplace.

According to the co-founder and CEO of Adstage, Sahil Jain,  ""We've built AdStage to make online advertising easy and accessible to the masses. Our goal is to become the starting point for online advertising by enabling businesses to gain an instant presence across all networks," 

He adds, "We make sense of cryptic ad data to help advertisers optimize for their best placements. Online advertising is becoming a necessary acquisition method for businesses of all sizes. We're making it easy by bringing everything under one roof."