Swedish podcast company Acast is positioning itself to tap into the growing smart speaker market after securing $190m from Nordic investors. The company, whose revenues reportedly rose 26% over just 15 months ago , offers marketers tailored advertising based on the time and location of podcast listeners in the UK , North America and UK . The latest investment takes Acast 's value to $190m , ahead of an anticipated stock market listing.
Swedish podcast company Acast is positioning itself to tap into the growing smart speaker market after securing $35m from Nordic investors. The company, whose revenues reportedly rose 90% over the first nine months of this year, offers marketers tailored advertising based on the time and location of podcast listeners in the UK, North America and Australasia. The latest investment takes Acast's value to $190m, ahead of an anticipated stock market listing.