Newsbrief: Social media marketing firm Appssavvy has raised $7.1 million in a new round of funding, as a means of expanding its in-game advertising campaigns.
According to Advertising Age, investors included AOL Ventures, True Ventures and the New York Times Company, bringing the total amount invested in the company to $10.2 million.
The New York-based company focuses its advertising around simple activities during social games, such as updating statuses, buying virtual goods and sending messages to other players.