AppNexus Secures $5M Equity Financing

AppNexus, a New York City-based provider of a platform for buying real-time online advertising, announced it secured a $5m financing.
The round was led by existing investor Kodiak Venture Partners with participation from current investors Venrock and First Round Capital.
The proceeds will be used to enable AppNexus to continue expanding the business and adding top industry talent.
AppNexus provides buyers of online ads with a proprietary gateway to leading ad exchanges and ad inventory aggregators.

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