Swedish podcast company Acast is positioning itself to tap into the growing smart speaker market after securing $190m from Nordic investors. The investment values Acast at $190m, close to double the valuation attained during the audio providers 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 $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.